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Banana Incs stock is currently trading at $100 per share. The company has just completed...

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Finance

Banana Incs stock is currently trading at $100 per share. The company has just completed a 4-for-1 stock split this year. Since the stock split, the firm's market capitalization has also increased by 5%.

a) What will be the stock price following the stock split?

b) After a 4-for-1 stock split, the company plans to increase dividend per share by 10% over last years pre-split dividend of $3. What will be the dividend per share after the split?

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