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you own 3,000 shares of a Spit-holdings co. the shares are currently selling for $48. the company has just announced a 4 for 1 stock

you own 3,000 shares of a Spit-holdings co. the shares are currently selling for $48. the company has just announced a 4 for 1 stock split. how many shares will you own after the split, and approximately what will your holdings in Split Holdings be worth?

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