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Great Eastern Rectangle (GER) currently has 970,000 shares of stock outstanding that sell for $29.25 per share. Assuming no market imperfections or tax effects exist, what will the share price be after: a. GER has a three-for-two stock split? b. GER has an 8 percent stock dividend? c. GER has a 27.5 percent stock dividend? d. GER has a three-for-five reverse stock split? e. Determine the new number of shares outstanding in parts (a) through (d).

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Great Eastern Rectangle (GER) currently has 970,000 shares of stock outstanding that-example-1
User Rinat Abdullin
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