Question
30. A company has 440,000 shares outstanding that sell for $97.29 per share. The company plans a 6-for-1 stock split. Assuming no market imperfections or
30. A company has 440,000 shares outstanding that sell for $97.29 per share. The company plans a 6-for-1 stock split. Assuming no market imperfections or tax effects, what will the stock price be after the split?
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Essentials Of Managerial Finance
Authors: Scott Besley, Eugene F. Brigham
13th Edition
0324258755, 9780324258752
