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Downie Foods recently completed a 4 - for - 1 stock split. Prior to the split, its stock sold for $ 1 3 5 per
Downie Foods recently completed a for stock split. Prior to the split, its stock sold for $ per share. If the firm's total market value increased by as a result of increased liquidity caused by the split, what was the stock price following the split?
Select the correct answer.
a $
b $
c $
d $
e $
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