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Joint Inc. has 100,000 shares of common stock outstanding at a current price of $120 per share. Their EPS is currently $6 and dividends per

Joint Inc. has 100,000 shares of common stock outstanding at a current price of $120 per share. Their EPS is currently $6 and dividends per share of $3. If they conduct a 3:1 stock split what will be the new share price AND what will be the new EPS? $40, $3 $40, $2 $60, $2 $60, $3

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