Worst Buy Company has had a lot of complaints from customers of late and its stock price is now only $2 per share. It is going to employ a one-for-five reverse stock split to increase the stock value. Assume Dean Smith owns 140 shares. a. How any shares will he own after the reverse stock split? b. What is the anticipated price of the stock after the reverse stock split? c. Because investors often have a negative reaction to a reverse stock split, assume the stock only goes up to 80 percent of the value computed in part b. What will the stock- price be? d. How has the total value of Dean Smith- holdings changed from before the reverse stock split to after the reverse stock split (based on the stock value computed in part c)? To get the total value before and after the split, multiply the shares held times the stock price.
Our Amazing Features
-
Plagiarism Free Work
Our experts provide 100 % original and customized work On time Delivery
-
24*7 Customer Support
We provide 24*7 online customer supports via online chat or email
-
Cover All Subject
JQA is one stop solution for all subject’s Assignment. We can provide assignment help for almost all subjects.
-
Best Industry experts
We have 1000+ PHD and Post Graduate experts.
Hire a tutor
Assignment hero
USA
I am an experienced tutor of 7+ years in all math, physics, and Spanish, SAT, and ACT tutoring. I love working with students and seeing them improve on and grasp concepts!
Guru
USA
Need help in Maths and science ? Look no further . contact me so i can help you . i have been a academic tutor for 10 years . Hire me for help in assignments.
Vikas
USA
After 13 years of working with students across the country, we have the experience and knowledge to provide the best possible academic support for your academics.
Rgaurav
India
I have experience teaching AP Calculus AB and BC, Algebra I, Algebra II, Trigonometry, SAT Math Preparation, and Geometry. I have tutored students ranging from 8th grade to college students.
