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I own 8% of the Standlee Corporation's 30,000 shares of common stock, which most recently traded for a price of $98 per share. The company

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I own 8% of the Standlee Corporation's 30,000 shares of common stock, which most recently traded for a price of $98 per share. The company has since declared its plans to engage in a two-for-one stock split. (i) What will my nancial position be after the stock split, compared to my current position, assuming that the market does not over or under react? (2 marks) (ii) The executive Vicepresident in charge of nance believes the price will not fall in proportion to the size of the split and will only fall 45 percent because she thinks the pre-split price is above the optimal price range. If she is correct, What will be my net gain from the split

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