Question
American Campus Communities (ACC) currently has 132.16 million shares of outstanding stock. On Friday of last week, each share was worth $34.84. a. What
American Campus Communities (ACC) currently has 132.16 million shares of outstanding stock. On Friday of last week, each share was worth $34.84. a. What is the market cap of all ACC stock? (2 pts) b. If the company is planning a 3-for-4 stock split, then... i. how many outstanding shares will ACC have after the split? (2 pts) ii. what will be the price per share after the split? (2 pts)
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