Question
Cooper Inc. 68,000 shares of stock outstanding at a market price of $63 a share. The par value is $1 per share. The company has
Cooper Inc. 68,000 shares of stock outstanding at a market price of $63 a share. The par value is $1 per share. The company has just announced a 3 for 1 stock split. What will be the market price per share after the split? What will be the market value of the company after the split?
| $21 | ||
| $ 12,852,000 | ||
| $ 1,428,000 | ||
| $63 | ||
| $ 4,248,000 | ||
| $ 31.5 |
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Digital Finance Big Data Start-ups And The Future Of Financial Services
Authors: Perry Beaumont
1st Edition
0367146797, 978-0367146795
