Bermuda Triangle Corporation (BTC)

Bermuda Triangle Corporation (BTC) currently has 500,000 shares of stock outstanding that sell for $83 per share. Assuming no market imperfections or tax effects exist.
Determine the share price and new number of shares outstanding if


(a)

BTC has a five-for-three stock split.




Price per share

$



Shares outstanding






(b)

BTC has a 15 percent stock dividend.




Price per share

$



Shares outstanding






(c)

BTC has a 42.5 percent stock dividend.




Price per share

$



Shares outstanding






(d)

BTC has a four-for-seven reverse stock split.




Price per share

$



Shares outstanding