In 2013, VF Corporation split its stock four for one. On the day prior to the split,

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In 2013, VF Corporation split its stock four for one. On the day prior to the split, the stock sold for $245.80. What is the anticipated price of the stock when the split is effective? On the day that the split was effective, VF stock closed at $60.96. What was the change in the price of the stock?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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