Question
Problem 10-09 In Year 1, VF Corporation split its stock three for one. On the day prior to the split, the stock sold for $237.90.
Problem 10-09
In Year 1, VF Corporation split its stock three for one.
On the day prior to the split, the stock sold for $237.90.
What is the anticipated price of the stock when the split is effective?
Round your answer to the nearest cent.
$
On the day that the split was effective, VF stock closed at $80.19.
What was the change in the price of the stock?
Round your answer to the nearest cent. Use a minus sign to enter a negative value, if any.
$
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Financial Times Handbook Of Corporate Finance A Business Companion To Financial Markets Decisions And Techniques
Authors: Glen Arnold
2nd Edition
0273726560, 978-0273726562
