Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 15 Feb 2018 My Price 4.00

Jayne Corporation

1.Doris Angel asks, “Since stock dividends don’t change anything, why declare them?” What is your answer to Doris?

2. Jayne Corporation has 10,000 shares of $15 par value common stock outstanding when it announces a 3-for-1 split. Before the split, the stock had a market price of $120 per share. After the split, how many shares of stock will be outstanding, and what will be the approximate market price per share?

 

 

 
 

Answers

Maurice Tutor
(5)
Status NEW Posted 15 Feb 2018 09:02 PM My Price 4.00

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