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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 $35 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 $35 a share. The firm just announced a 2-for-1 stock split. What is the equity value of the company before the split? $ What will the market price per share be after the split? $ How many shares of stock will be outstanding after the split? shares What is the equity value of the company after the split?
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