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Consider the three stocks in the following table. P+ represents price at time t, and Q+ represents shares outstanding at time t. Stock C

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Consider the three stocks in the following table. P+ represents price at time t, and Q+ represents shares outstanding at time t. Stock C splits two for one in the last period. P1 Q1 P2 Q2 A 140 145 150 145 150 145 B 130 290 125 290 125 290 260 290 265 290 135 580

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