(145) Stock Split Gamma Medicals stock trades at $90 a share. The company is contemplating a 3-for-2...

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(14–5)

Stock Split Gamma Medical’s stock trades at $90 a share. The company is contemplating a 3-for-2 stock split. Assuming the stock split will have no effect on the total market value of its equity, what will be the company’s stock price following the stock split?

INTERMEDIATE PROBLEMS 6–9

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Financial Management Theory And Practice

ISBN: 9781439078105

13th Edition

Authors: Eugene F. Brigham, Michael C. Ehrhardt

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