Ce currently has 350000 shares of stock outstanding that, Financial Management

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Ce currently has 350000 shares of stock outstanding that

CE 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).

1. ACE has a $2.75 cash dividend?

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

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

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