Question
Shares in Growth Corporation are selling for $35 per share. There are currently 11 million shares outstanding. The stock has a 5 - for -
Shares in Growth Corporation are selling for $35 per share. There are currently 11 million shares outstanding. The stock has a 5 - for - 4 stock split.
How many shares will be outstanding after the split? Please state your answer in millions and rounded to 2 decimal places.
Outstanding shares = million
What will be the price per share after the split? Enter your answer rounded to two decimal places.
Price per share =
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Algorithmic Finance A Companion To Data Science
Authors: Christopher Hian-ann Ting
1st Edition
9811238308, 978-9811238307
