AA is a pharmaceutical company and plants to
adopt a stock splits by giving	4	stocks for	3	existing stocks
The current stock price per share is	$60
The company's managers believe the total market value would
increase by	5%
This is because of the expected improvement in companies' liquidity that will follow the company's plan
Find the stock's expected price immediately after the stock split.

1.	$45
2.	$47.25
3.	$50
4.	$52.50