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Currently, a company has 600,000 shares outstanding that sell for $175 per share. Assume there are no market imperfections or tax effects. If the company

Currently, a company has 600,000 shares outstanding that sell for $175 per share. Assume there are no market imperfections or tax effects. If the company has a 7-for-4 stock split, what will be the price per share after the split?

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