Question: Bermuda Triangle Corporation (BTC) currently has 400,000 shares of stock outstanding that sell for $90.00 per share. Assuming no market imperfections or tax effects exit, what will the share price be after:
A. BTC has a five-for-three stock split?
B. BTC has a 15 percent stock dividend?
C. BTC has 42.5 percent stock dividend?
D. BTC has a four-for-seven split?
E. Determine the new number of shares outstanding in parts A-D.