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EXAMPLE 5 Steve owned 942 shares of Graham Corporation. On January 3, a 5-for -4 split was announced. The stock was selling at $56 per
EXAMPLE 5 Steve owned 942 shares of Graham Corporation. On January 3, a 5-for -4 split was announced. The stock was selling at $56 per share before the split. How was Steve financially affected by the split
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