Yesterday investquest Corp. was selling for $262.5 per share with a market capitalization of 795 millions. Today, the company completed a 7-for-2 stock split. the average investor in Investquest Corp. holds $12,075. the firms total market value was unchanged by the split. the firm followed the split with a $4 dividednd per share.
a) What is the stock price post-split?
b) How many additional sharees does the average investor own?
c) How much did the average investor received in dividends following the split?
d) for my own curiosity, is this what happened to the brazilian guy on the network movie (facebook story) stock splits that devalued his portion?