Ace currently has 350000 shares of stock outstanding that


ACE currently has 350,000 shares of stock outstanding that sell for $76 per share. Assuming no market imperfections or tax effects exist, what will the share price and the total number of shares after each of the following? (Please consider each one independently).

a. ACE has a five-for-two stock split?

b. ACE has a 17 percent stock dividend?

c. ACE has a $2.75 cash dividend?

d. ACE has a four-for-five reverse stock split?

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Financial Management: Ace currently has 350000 shares of stock outstanding that
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