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Number of shares that you hold after the stock

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Reference no: EM131115405

Suppose that you own 2,600 shares of Nocash Corp. and the company is about to pay a 25% stock dividend. The stock currently sells at $120 per share.

a. What will be the number of shares that you hold after the stock dividend is paid?

b. What will be the total value of your equity position after the stock dividend is paid?

c. What will be the number of shares that you hold if the firm splits five for four instead of paying the stock dividend?

Reference no: EM131115405

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