Suppose that you own 3400 shares of nocash corp and the, Ask an Expert

Finance

Suppose that you own 3,400 shares of Nocash Corp. and the company is about to pay a 25% stock dividend. The stock currently sells at $125 per share.

A) What will be the number of shares that you hold after the stock dividend is paid? (Do not round intermediate calculations.)

B) What will be the total value of your equity position after the stock dividend is paid? (Do not round intermediate calculations.)

C) What will be the number of shares that you hold if the firm splits five for four instead of paying the stock dividend?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91535704

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