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9. You have purchased 100 shares of a stock for $25 per share. The firm has just split the stock which is now selling for
9. You have purchased 100 shares of a stock for $25 per share. The firm has just split the stock which is now selling for $80 per share. The split for 3 is one. You now own
a. 100 shares priced at $240 per share
b. 300 shares now priced at $25 per share
c. 33.333 shares priced at $240 per share
d. 100 shares now priced at 26.67 per share
e. None of the answers provided is correct
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