Question

Air Taxi, Inc. currently has 576,000 shares of stock outstanding that sell for $97 per share....

Air Taxi, Inc. currently has 576,000 shares of stock outstanding that sell for $97 per share. Assuming no market imperfections or tax effects exist, what will the share price be after:

BTC has a three for one stock split?

BTC has a 18 percent stock dividend?

BTC has a 51.6 percent stock dividend?

BTC has a three-for-six reverse stock split?

Determine the new number of shares outstanding in parts (1) through (4).

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