Question
Problem 14-2 Stock split Emergency Medical's stock trades at $100 a share. The company is contemplating a 3-for-1 stock split. Assuming that the stock split
Problem 14-2 Stock split
Emergency Medical's stock trades at $100 a share. The company is contemplating a 3-for-1 stock split. Assuming that the stock split will have no effect on the market value of its equity, what will be the company's stock price following the stock split? Round your answer to the nearest cent.
$
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Options Futures And Other Derivatives
Authors: John C. Hull
9th Edition
0133456315, 9780133456318
