Suppose you own 5% of Coastal Corporation's 200,000 outstanding common shares. The stock was trading for $135 per share before Coastal executives announced a 3-for-2
Suppose you own 5% of Coastal Corporation's 200,000 outstanding common shares. The stock was trading for $135 per share before Coastal executives announced a 3-for-2 stock split. After the split, you will own _____ shares worth _____ per share.
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Authors: Judith J. Baker, R.W. Baker
4th Edition
1284029867, 978-1284029864
