Question
Emergency Medical's stock trades at $130 a share. The company is contemplating a 3-for-2 stock split. Assuming that the stock split will have no effect
Emergency Medical's stock trades at $130 a share. The company is contemplating a 3-for-2 stock split. Assuming that the stock split will have no effect on the market value of its equity, what will be the company's stock price following the stock split? Round your answer to the nearest cent.
$
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Cases In Financial Management
Authors: I.M. Pandey
3rd Edition
0071333428, 978-0071333429
