hello, I need help please Assume that you own 172 shares of $16 par value common stock of a company and the company has a 2-for-1 stock split when themarket price per share is $46.Required:a. How many shares of common stock will you own after the stock split?b. What will přobably happen to the market price per share of the stock?c. What will probably happen to the par value per share of the stock?a. Shares of common ştock after split:b. The market price per share should:c. The par value per share will:ces

Assume that you own 172 shares of $16 par value common stock of a company and the company has a 2-for-1 stock split when the market price per share is $46. Required: a. How many shares of common stock will you own after the stock split? b. What will probably happen to the market price per share of the stock? c. What will probably happen to the par value per share of the stock? Shares of common stock after split: a. b. The market price per share should: C. The par value per share will:

Assume that you own 172 shares of $16 par value common stock of a company and the company has a 2-for-1 stock split when the market price per share is $46. Required: a. How many shares of common stock will you own after the stock split? b. What will probably happen to the market price per share of the stock? c. What will probably happen to the par value per share of the stock? Shares of common stock after split: a. b. The market price per share should: C. The par value per share will:

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter15: Distributions To Shareholders: Dividends And Repurchases

Section: Chapter Questions

Problem 5P

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