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Tasty Tuna Corporation currently has 2 0 , 0 0 0 shares of common stock outstanding. Its management believes that its current stock price of

Tasty Tuna Corporation currently has 20,000 shares of common stock outstanding. Its management believes that its current stock price of $110 per share is too high. The company is planning to conduct a 2-for-1 stock split.
If Tasty Tuna Corporation declares a 2-for-1 stock split, the price of the companys stock after the splitassuming that the total value of the firms stock remains the same before and after the splitshould be what amount per share.

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