1 Ms. Jessica owns shares of Durian Company, which recently completed a 3-for-2 stock split. Prior to the split, she has 2% of companys 10 million shares outstanding and its stock price was $200 per share. Before the split, the total market value of the companys stock equaled $2 billion. 1.1 Determine the total number of shares and price per share for Durian Company after a 3-for-2 stock split. Does the market value change? 1.2 shares that Ms. Jessica invested change after a 3-for-2 stock Would the total market value of Durian Companys split? Explain with supporting calculation. 1.3 Give three most advantages for stock split.