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Downing Foods recently completed a 4-for-1 stock split. Prior to the split, its stock sold for $120 per share. If the companys total market value

Downing Foods recently completed a 4-for-1 stock split. Prior to the split, its stock sold for $120 per share. If the companys total market value increased by 5% as a result of increased liquidity caused by the split, what was the stock price following the split?

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