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Zamfir Corporation has a current price of $75 per share. It has declared a 5 for 3 share split. Given this information, determine the share

Zamfir Corporation has a current price of $75 per share. It has declared a 5 for 3 share split. Given this information, determine the share price after the split.

Multiple Choice

  • $15

  • $45

  • $100

  • $25

  • $125

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