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A company currently has 700,000 shares outstanding that each sell for $80. Assume there are no tax effects or market imperfections. If the company has

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A company currently has 700,000 shares outstanding that each sell for $80. Assume there are no tax effects or market imperfections. If the company has a 5-for-2 Stock split, after the split what will be the price per share? Do not round Intermediate calculations. Round the final answer to 2 decimal places. Omit any commes and the $sion in your response. For example, an answer of

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