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Suppose you own 5% of Lexington Corporation's 200,000 outstanding common shares. The stock was trading for $165 per share before the firm's executives announced a

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Suppose you own 5% of Lexington Corporation's 200,000 outstanding common shares. The stock was trading for $165 per share before the firm's executives announced a 3-for-2 stock split. After the split, you will own shares worth _____ per share. 15,000; $110 10,000; $110 6,667; $247.50 15,000: $165 10,000: $165

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