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A firm has 12 million common shares outstanding, currently trading at $120 per share for a total market value of $1.44 billion. They plan to

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A firm has 12 million common shares outstanding, currently trading at $120 per share for a total market value of $1.44 billion. They plan to split their stock 3-for-2. Calculate the number of shares that will be outstanding and the share price after the split. Select one: a. 18.0 million; $80 b. 8.0 million; $80 c. 8.0 million; $180 d. 18.0 million; $180 O O

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