Problemberk currently has 650000 shares of stock, Ask an Expert

Finance

Problem:

Berk currently has 650,000 shares of stock outstanding that sell for $75 per share.

Required:

Assuming no market imperfections or tax effects exist, what will the share price and the new number of shares after:

a. Berk has a six-for-four stock split?

b. Berk has a 17 percent stock dividend?

c. Berk has a 38.5 percent stock dividend?

d. Berk has a four-for-six reverse stock split?

Note: Please provide full description.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91162516

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