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Stock price around stock split. Southwest Tires declares a 7-for-5 stock split. The current price is $50 per share, and you own 500 shares. What

Stock price around stock split.

Southwest Tires declares a 7-for-5 stock split. The current price is $50 per share, and you own 500 shares. What is the expected share price after the split? What is your wealth before the split? After?

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