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A company currently has 1,500,000 shares outstanding that each sell for $120. Assume there are no tax effects or market imperfections. If the company has
A company currently has 1,500,000 shares outstanding that each sell for $120. Assume there are no tax effects or market imperfections. If the company has a 5-for-3 stock split, after the split what will be the number of shares outstanding?
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