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E-Ticket System has just made a big announcement: The firm will split its stock 4-for-one (4:1). E-Ticket's current price per share is $31 per share,

E-Ticket System has just made a big announcement: The firm will split its stock 4-for-one (4:1). E-Ticket's current price per share is $31 per share, and there are 6000 shares outstanding. What is the share price after the announcement?

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