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JPix management is considering a stock split. JPix currently sells for $72.0 per share and a 7-for-4 stock split is contemplated. What will be the
JPix management is considering a stock split. JPix currently sells for $72.0 per share and a 7-for-4 stock split is contemplated. What will be the companys stock price following the stock split, assuming that the split has no effect on the total market value of JPixs equity?
$34.67 | ||
$41.14 | ||
$60.00 | ||
$55.00 | ||
$50.63 |
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