Determine share price and new number of shares outstanding

Assignment Help Financial Management

Reference no: EM131928714

Bermuda Triangle Corporation (BTC) currently has 340,000 shares of stock outstanding that sell for $97 per share. Assume no market imperfections or tax effects exist.

Determine the share price and new number of shares outstanding if: (Do not round intermediate calculations. Round your price per share answers to 2 decimal places, e.g., 32.16, and shares outstanding answers to the nearest whole number, e.g., 32.)

a. BTC has a five-for-three stock split.

Price per share $

Shares outstanding

b. BTC has a 14 percent stock dividend.

Price per share $

Shares outstanding

c. BTC has a 39.5 percent stock dividend.

Price per share $

Shares outstanding

d. BTC has a four-for-seven reverse stock split.

Price per share $

Shares outstanding

Reference no: EM131928714

Questions Cloud

Calculate the value of the analysis period : Company XXXhas paid a dividend for many years. Its most recent annual dividend was $3.50, which was paid at the end of 2016.

Infectious materials under osha guidelines : What are considered potentially infectious materials under OSHA guidelines?

What did you learn about interviewing : Did you practice the basic and behavioral interview questions prior to starting your interview simulation? Did the practice help?

Service providers play in the transportation industry : What role do third party logistics (3PL) service providers play in the transportation industry?

Determine share price and new number of shares outstanding : Determine the share price and new number of shares outstanding.

What will the alteration of the price be : A 7% 30 year bond is paying a market rate of 7%. What will the alteration of its price be, if the yield alters by 2%? Can you estimate it with duration?

Companies receiving government support : Title VII of the _____________ states that top executives in companies receiving government support can retract bonuses, retention awards

Calculate the value of a nine-month european call option : A futures price is currently $65 and its volatility is 10%. The risk-free interest rate is 8% per annum on a continuously compounded basis.

Prepare a cover letter : In preparation for your anticipated interview for your selected job, you must prepare a cover letter.

User Account

All Pages