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20. You own stock in a company that just announced a 3-1 stock split. If shares currently trade at $75 a share, what should the
20. You own stock in a company that just announced a 3-1 stock split. If shares currently trade at $75 a share, what should the stock price be after the stock split?
a. | $25 |
b. | $150 |
c. | $45 |
d. | $225 |
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