Question
Shares in Growth Corporation are selling for $50 per share. There are currently 11 million shares outstanding. The stock has a 4 - for -
Shares in Growth Corporation are selling for $50 per share. There are currently 11 million shares outstanding. The stock has a 4 - for - 3 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 =
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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Enterprise Risk Management In Finance
Authors: David L. Olson, Desheng Dash Wu
1st Edition
1349691038, 978-1349691036
