Stock splits and stock dividends bermuda triangle, Ask an Expert

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Stock Splits and Stock Dividends. Bermuda Triangle Corporation (BTC) currently has 465,000 shares of stock outstanding that sell for 86 per share. Assuming no market imperfections or tax effects exist, what will the share price be after: a. BTC has a five-for-three stock split? b. BTC has a 15 percent stock dividend? c. BTC has a 42.5 percent stock dividend? d. BTC has a four-for-seven reverse stock split? e. Determine the new number of shares outstanding in parts (a) through (d).

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Financial Management, Finance

Category:- Financial Management
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