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Brittni's Paper Products Inc. has 1,800,000 outstanding shares of stock selling for $36 per share. After a 2-for-1 stock split. How many shares of stock

Brittni's Paper Products Inc. has 1,800,000 outstanding shares of stock selling for $36 per share. After a 2-for-1 stock split.

How many shares of stock are outstanding and what is the change in the firm value (given no new information)?

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SOLUTION After a 2for1 stock split the number of outstanding shares will double but the price per sh... blur-text-image

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