P6.1 An investor owns some shares in General Refrigeration & Cooling. The share recently underwent a 5-for-2
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P6.1 An investor owns some shares in General Refrigeration & Cooling. The share recently underwent a 5-for-2 share split. If the share was trading at $50 just before the split, how much is each share most likely selling for after the split? If the investor owned 200 shares before the split, how many shares would she own afterwards?
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Related Book For
Fundamentals Of Investing
ISBN: 9781442532885
3rd Edition
Authors: Lawrence J. Gitman, Michael D. Joehnk, Scott Smart, Roger Juchau, Donald Ross, Sue Wright
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