Stock splits and dividends
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
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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?