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Question Completion Status: > A Moving to the next question prevents changes to this answer Question 8 AA is a pharmaceutical company and plants to

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Question Completion Status: > A Moving to the next question prevents changes to this answer Question 8 AA is a pharmaceutical company and plants to adopt a stock splits by giving 4stocks for 3 existing stocks The current stock price per share is $60 The company's managers believe the total market value would increase by 5% This is because of the expected improvement in companies' liquidity that will follow the company's plan Find the stock's expected price immediately after the stock split. O 1. $45 2. $47.25 3.$50 4.$52.50 Moving to the next question prevents changes to this answer. Mac

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