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Skoll Technologies is considering a 3-for-1 stock split on its common stock. Skolls current stock price is $45.00 per share, and the stock split is
Skoll Technologies is considering a 3-for-1 stock split on its common stock. Skolls current stock price is $45.00 per share, and the stock split is supposed to be only an accounting change that doesn't affect a firm's value directly. If the stock split does not affect the firm's value, what is Skoll's expected stock price after the split? --- Please show your work. Thank you
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