1 answer

Mill Creek Corporation (MCC) currently has 475,000 shares of stock outstanding that sell for $80 per share. Assuming no market imperfections or tax effects exist, what will the share price be after:

** a.** MCC has a four-for-three stock split?

New share price ?

** b.** MCC has a 20% stock dividend?

New share price ?

** c.** MCC has a 52.5% stock dividend?

New share price ?

** d.** MCC has a three-for-seven reverse stock split?

New share price ?

Determine the new number of shares outstanding in parts (a) through (d). **(Do not round intermediate calculations. Round the final answers to the nearest whole number.)**

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Read all the information presented in the effective health communication campaigns, titled Truth and Man Therapy...

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