1. Your corporation currently has 200,000 shares of stock outstanding that sells for $50.00 per share. What will be the amount of shares outstanding and the share price after the stock split. Your corporation has declared a five- for-four stock split.
2. In 250 words describe How does Morningstar Inc. make investing easier for individuals?
3. Michelle received $6500 as a personal loan to be paid off in 3 ½ years, but she has already made two payments: S1500 in a year, and S2250 in 2 ½ years. How much is left to be paid at the end of her term, if the interest on the loan is 12 ½ % compounded quarterly? Draw a timeline to illustrate your solution.