QUESTION 4 (25 MARKS) (a) Zebra Corporation currently has 2,500,000 shares of stock outstanding that sell for RM45 per s
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QUESTION 4 (25 MARKS) (a) Zebra Corporation currently has 2,500,000 shares of stock outstanding that sell for RM45 per s
QUESTION 4 (25 MARKS) (a) Zebra Corporation currently has 2,500,000 shares of stock outstanding that sell for RM45 per share. Assuming no market imperfections or tax effects exist, determine the share price be after: (0) Zebra has a six-for-two stock split. (2 marks) BBF304/03 () Zebra has a 17% stock dividend. (2 marks) (iii) Zebra has a 35% stock dividend. (2 marks) (iv) Zebra has a four-for-seven reverse stock split. (2 marks) (v) Determine the new number of shares outstanding in part (1) through (iv). (4 marks)