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Ex 12-11 Effect of Stock Split Willey Co., which had 325,000 shares of common stock outstanding, declared a 3-for-1 stock split. A. What will be

Ex 12-11 Effect of Stock Split

Willey Co., which had 325,000 shares of common stock outstanding,

declared a 3-for-1 stock split.

A. What will be the number of shares outstanding after the split?

B.

If CS had a market price of $450 per share before the split, What

would be an approximate market price per share after?

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