Southwest Tires declares a stock split. The current price is $82.00 per share, and you own 300

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Southwest Tires declares a stock split. The current price is $82.00 per share, and you own 300 shares. The split is a 4-for-1 split. What is the expected after-share price, and what is your wealth before and after the split?

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Financial Management Core Concepts

ISBN: 978-0132671033

2nd edition

Authors: Raymond M Brooks

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Question Posted: May 08, 2014 08:11 AM

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Southwest Tires declares a stock split. The current price is $82.00 per share, and you own 300

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Financial Management Core Concepts

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