Suppose you own 2000 common shares of laurence incorporated, Ask an Expert

Finance

Suppose you own 2,000 common shares of Laurence Incorporated. The EPS is $10.00, the DPS is $3.00, and the stock sells for $90 per share. Laurence announces a 2-for-1 split. Immediately after the split, how many shares will you have?

What will the adjusted EPS and DPS be? Round your answers to the nearest cent.

EPS $

DPS $

What would you expect the stock price to be? Round your answer to the nearest cent.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92884254

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