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A firm has 15,000 shares of stock outstanding with a market price of $36 per share. The firm just announced a 3 for 2 stock

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A firm has 15,000 shares of stock outstanding with a market price of $36 per share. The firm just announced a 3 for 2 stock split. 26.) How many shares will the firm have after the stock split? a.) 15,000 b.) 3,000 c.) 18,000 d.) None of the above 27.) What will the market price per share be after the split? a.) $18 b.) $21 c.) $30 d.) $18 e.) $54

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