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Home Depot recently completed a 5-for-1 stock split. Prior to the split, its stock sold for $130 per share. If the firm's total market value
Home Depot recently completed a 5-for-1 stock split. Prior to the split, its stock sold for $130 per share. If the firm's total market value increased by 5% as a result of increased liquidity and favorable signaling effects, what was the stock price following the split?
$27.30
$25.20
$29.50
$26.00
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