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West Wind Inc. has $6,000,000 shares of common stock outstanding with a market value of $90 share. Net Income for the coming year is expected

  1. West Wind Inc. has $6,000,000 shares of common stock outstanding with a market value of $90 share. Net Income for the coming year is expected to be $7,900,000. What impact will a three-for-one stock split have on the earnings before and after the split? What will be the new price after the split?

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