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Ahmad Textile Company declares a 3-for-2 stock split. The current stock price Is $30, earnings for last year were $ 1 .50, dividends were $0.60
Ahmad Textile Company declares a 3-for-2 stock split. The current stock price
Is $30, earnings for last year were $ 1 .50, dividends were $0.60 per share, and there
are 1 million shares outstanding. Calculate the impact of that split on Ahmed's Company number of shares outstanding, its stock price, and the EPS?
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