Question
Self-Study Problem 17.04 Management of the Crane Company has just declared a 3-for-1 stock split. If you own 16,200 shares before the split, how many
Management of the Crane Company has just declared a 3-for-1 stock split.
If you own 16,200 shares before the split, how many shares will you own after the split?
Number of shares owned after the stock split ( )shares
What if it were a 1-for-3 reverse stock split?
Number of shares owned after the 1-for-3 reverse stock split ( )shares
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International financial management
Authors: Jeff Madura
13th edition
978-1337099738, 1337099732, 9781337515894, 1337515892, 978-1337587211
