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Alfonzo's Italian House has 25.000 shares of stock outstanding with a par value of $1 per share and a market price of $28 a share.
Alfonzo's Italian House has 25.000 shares of stock outstanding with a par value of $1 per share and a market price of $28 a share. The firm just announced a 5-for-3 stock split. What will the market price per share be after the split? O $16.80 O $21.60 O $28.00 O $46.67
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