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Delta Brands, Inc., has 75,000 shares of stock outstanding at a market price of $54 a share. The par value is $1 per share. The

Delta Brands, Inc., has 75,000 shares of stock outstanding at a market price of $54 a share. The par value is $1 per share. The company has just announced a 4 for 3 stock split. What will the market price per share be after the split?

43.7

40.5

52.0

28.5

38.2

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