Question
The common stock of Margot, Inc. is selling for $86 a share. The par value per share is $1. Currently, the firm has a total
The common stock of Margot, Inc. is selling for $86 a share. The par value per share is $1. Currently, the firm has a total market value of $92,954.
How many shares of stock will be outstanding if the firm does a 6-for-4 stock split?
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Mathematics For Business
Authors: Stanley A Salzman, Charles D Miller, Gary Clendenen
8th Edition
0321357434, 9780321357434
