Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Shares of Berkshire Hathaway Inc. trade for $120,000 per share. There are 1.65 million shares outstanding. Berkshire is executing a 1,500-for-1 stock split. What is

Shares of Berkshire Hathaway Inc. trade for $120,000 per share. There are 1.65 million shares outstanding. Berkshire is executing a 1,500-for-1 stock split. What is the stock price after the split?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Personal Finance

Authors: Jane King, Mary Carey

2nd Edition

0198748779, 9780198748779

More Books

Students also viewed these Finance questions

Question

If the job involves a client load or caseload, what is it?

Answered: 1 week ago