BTC has 500,000 shares of stock outstanding that sell for $85 per share. Assuming no market imperfections or tax effect exists, what will the share price be after?
Stock splits and dividends
BTC has 500,000 shares of stock outstanding that sell for $85 per share. Assuming no market imperfections or tax effect exists, what will the share price be after?
a. a 3 for 5 split
b. BTC has a 16% stock dividend
c. BTC has a 42.5 stock dividend
d. BTC has a 4 for 7 stock split
