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Timothy owns 620 shares of Countess Corp., which is priced at $13.69 per share. The company...
Timothy owns 780 shares of Countess Corp., which is priced at $14.01 per share. The company plans a 3-for-4 reverse stock split. How many shares will Timothy own and what will the share price be after the reverse stock split?
Timothy owns 980 shares of Countess Corp., which is priced at $14.41 per share. The company plans a 1-for-4 reverse stock split. How many shares will Timothy own and what will the share price be after the reverse stock split?
Timothy owns 840 shares of Countess Corp., which is priced at $14.13 per share. The company plans a 3-for-5 reverse stock split. How many shares will Timothy own and what will the share price be after the reverse stock split? 504; $14.13 504; $8.48 504; $23.55 1,400; $8.48 1,400; $23.55
LTE stock sells for $28.17 per share and there are 360,000 shares outstanding. The company plans a 3-for-1 reverse stock split. Assuming no market imperfections or tax effects, what will the stock price be after the split? Multiple Choice Ο $9.39 Ο $56.34 Ο $84.51 Ο $75.12 Ο $14.09
14 LTE stock sells for $27.99 per share and there are 330,000 shares outstanding. The company plans a 6-for-1 reverse stock split. Assuming no market imperfections or tax effects, what will the stock price be after the split? & οο516) Multiple Choice Ο 516794 Ο $139.95 Ο $149.28 Ο Ο 55.50 Ο Ο $4.57
Weiland, Inc., has 370,000 shares outstanding that sell for $87 per share. The company plans a 3-for-2 stock split. How many shares will be outstanding after the split? Multiple Choice 1,850,000 shares 1,202,500 shares 555,000 shares 246,667 shares 185,000 shares
Weiland, Inc., has 300,000 shares outstanding that sell for $80 per share. The company plans a 5-for-2 stock split. How many shares will be outstanding after the split? Multiple Choice 2,100,000 shares 750,000 shares 1,425,000 shares 120,000 shares 450,000 shares
Nathan Detroit owns 100 shares of the drink company Monster Beverage Corp., which he purchased for $120 per share. Nathan read in the Wall Street Journal that the company's board of directors had voted to split the stock 5-for-1. Just before the stock split, Monster Beverage shares were trading for $129.02. Answer the following questions about the impact of the stock split on his holdings and taxes. Nathan is in the 22 % federal income tax bracket. a. How many...
BGA has 345,000 shares outstanding that sell for $30 per share. The company plans a 3-for-5 reverse stock split. How many shares will be outstanding after the split?
LTE stock sells for $27.69 per share and there are 280,000 shares outstanding. The company plans a 4-for-3 reverse stock split. Assuming no market imperfections or tax effects, what will the stock price be after the split? .