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earns 8.50 per sharesells for $75.00 and pays a per share dividend. The stock is split in two for one and a $3 declared a)
earns 8.50 per sharesells for $75.00 and pays a per share dividend. The stock is split in two for one and a $3 declared a) What will be the new price of the stock? b) the company's total earnings do not change, what is the payout ratio before and after the stock split?
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