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Other Fields Homework Help Finance Topic started by: djnextlevel on Aug 20, 2023



Title: Big Corp. Canada has done extremely well in recent years, and its shares now sell for $140 per ...
Post by: djnextlevel on Aug 20, 2023
Big Corp. Canada has done extremely well in recent years, and its shares now sell for $140 per share. Management wants to lower the price to a more typical level, which it thinks is $15 per share. What stock split would be required to get to this price, assuming the transaction has no effect on the total market value? Put another way, how many new shares should be given per one old share?


2.40



6.50



10.70



9.33



Title: Re: Big Corp. Canada has done extremely well in recent years, and its shares now sell for $140 per ...
Post by: Dark_Shadow on Aug 20, 2023
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