Question
AA is a pharmaceutical company and plants to ????????????adopt a stock splits by giving 2 stocks for 1 existing stocks The current stock price per
| AA is a pharmaceutical company and plants to | ||||
| ????????????adopt a stock splits by giving | 2 | stocks for | 1 | existing stocks |
| The current stock price per share is | $50 | |||
| The company's managers believe the total market value would | ||||
| ?????????????increase by | 10% | |||
| 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. |
| a- Less than $25.00 |
| b- [$25.00,$26.50] |
| c- [$26.5,$28.50] |
| d- More than $28.50 |
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Multinational Management
Authors: John B. Cullen
6th edition
1285094946, 1285094948, 9781285696744 , 978-1285094946
