Problem 8-22

00 e the market value per share of the common stock

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Unformatted text preview: unt because of the stock split? Theoretically, what would be the market price of the common stock immediately after the stock split? a) Par value per share c) # of common stock outs. 300,000 30,000 = b) Dividend per share = $ 10.00 = = $ 10.00 6% 0.60 = = 50,000 (1,000) 49,000 d) Average issue price per share = = 700,000 50,000 $ 14.00 e) The market value per share of the...
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This document was uploaded on 03/24/2014.

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