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1- The Lake Michigan Company, Inc. has 10 millions shares outstanding and they trade at a price of $250 per share. If the Company announces

1- The Lake Michigan Company, Inc. has 10 millions shares outstanding and they trade at a price of $250 per share. If the Company announces a 5:1 stock split, what is the resulting share price?

2- What is the Dual Mandate of the Federal Reserve?

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