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4) Familiarity bias 5) None Question 33 CONCEPTUAL PROBLEM (based on what you learned in FIN 31000). A firm with a total market value of

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4) Familiarity bias 5) None Question 33 CONCEPTUAL PROBLEM (based on what you learned in FIN 31000). A firm with a total market value of $1 billion announces a 4-to-1 stock split. Prior to the split, the stock was selling for $20 per share. What should be the post-split stock price per share? Also, how much is the total market value of the firm after the split? 1) $5: $1 billion 2) $5; $4 billion 3) $80; $1 billion 4) $80: $4 billion MacBook Air 888 IL 4 % 5 6 7 * 8 9 22:02

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