Red Rocks Corporation currently has 425,000 shares of stock outstanding that sell for $80 per share. Assuming no market imperfections or tax effects exist, what will the share price be after:
1. RTC has a five-for three stock split?
2. RRC has a 15 percent stock dividend?
3. RRC has a 42.5 percent stock dividend?
4. RRC has a four- for- seven reverse stock split
5. Determine the new number of shares outstanding in part (1) through (4).
Please show work and formulas in excel.