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Suppose you own 2,000 common shares of Laurence Incorporated. the EPS is $10.00, the DPS is $3.00 and the stock sells for $80 per share.

Suppose you own 2,000 common shares of Laurence Incorporated. the EPS is $10.00, the DPS is $3.00 and the stock sells for $80 per share. Laurence announces a 2 for 1 split. Immediately after the split, how man shares will you have, what will the adjusted EPS and DPS be, and what would you expect the stock price be?

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