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A company has 470,000 shares outstanding that sell for $99.18 per share. The company plans a 3 -for- 1 stock split. Assuming no market imperfections

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A company has 470,000 shares outstanding that sell for $99.18 per share. The company plans a 3 -for- 1 stock split. Assuming no market imperfections or tax effects, what will the stock price be after the split? Multiple Choice $297.54 54369 54959 533.06 53778

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