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What will the price be after btc has four-for-seven reverse

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Reference no: EM133002569

Problem 1: Bermuda Triangle Corporation (BTC) currently has 395 000 shares outstanding, which sell for $83 pre share. Assuming no market imperfections or tax effects exist, what will the price be after:

a) BTC has a five-for-three share split?
b) BTC has a 15% bonus issue?
c) BTC has a 42.5% bonus issue?
d) BTC has a four-for-seven reverse share split?
e) Determine the new number of shares outstanding in parts a to d.

Reference no: EM133002569

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