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28 Sep 2019
Suppose the stock of Host Hotels & Resorts currently tradingfor $20 per share.
a. if Host issues a 20% stock dividend , what would its new shareprice be?
b. If Host does a 3:2 split, what would its new share pricebe?
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Suppose the stock of Host Hotels & Resorts currently tradingfor $20 per share.
a. if Host issues a 20% stock dividend , what would its new shareprice be?
b. If Host does a 3:2 split, what would its new share pricebe?
Show all work
a. if Host issues a 20% stock dividend , what would its new shareprice be?
b. If Host does a 3:2 split, what would its new share pricebe?
Show all work
Jean KeelingLv2
28 Sep 2019
Related questions
Dividend policy please help
se common stock currently sells for $20 per share
| Preferred stock | $500,000 |
| Common stock(2,000,000 shares@$1 | 2,000,000 |
| paid in capital in excess of par | 10,000,000 |
| retained earnings | 11,600,000 |
| total stockholders equity | $24,100,000 |
a) what is the maximum dividend per-share se can pay? ( assume capital includes all paid in capital)
b) recast the partial balance sheet(to Stockholders equity accounts) to show independently
1-a 2-for-1 stock split of the common stock
2-a cash dividend of $1.50 per share
3-a stock dividend of 5% on the common stock
c) at what price what you expect se stock to sell after
1-the stock split
2- the stock dividend?
