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Microsoft is currently $30 per share. Suppose that the firm announces a 2 for 3 stock split. Based solely on this information, what will the
Microsoft is currently $30 per share. Suppose that the firm announces a 2 for 3 stock split. Based solely on this information, what will the share price of Microsoft to be after the split?
a. | $30 | |
b. | $45 | |
c. | $15 | |
d. | $33 | |
e. | $20 |
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