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Answer questions 20 and 21 using the following information. Hexagon International currently has 345,000 shares of stock outstanding that sells for $42 per share. The
Answer questions 20 and 21 using the following information. Hexagon International currently has 345,000 shares of stock outstanding that sells for $42 per share. The management of Hexagon is planning to have a four to three stock split. Question 20 What would the new share price be after the stock split? $31.50 O $56.00 $10.50 O $14.50 Answer questions 20 and 21 using the following information. Hexagon International currently has 345,000 shares of stock outstanding that sells for $42 per share. The management of Hexagon is planning to have a four to three stock split. Question 21 How many shares would be outstanding after the stock split? 460,000 258,750 O 1,380,000 1,035.000
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