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Big Bank Canada has done extremely well in recent years, and its stock now sells for $100 per share. ...

jlg71

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Big Bank Canada has done extremely well in recent years, and its stock now sells for $100 per share. ...

Big Bank Canada has done extremely well in recent years, and its stock now sells for $100 per share. Management wants to lower the price to a more typical level, which it thinks is $50 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?

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Financial Management: Theory and Practice

Edition: 4^th

Authors: Brigham, Ehrhardt, Gessaroli, Nason

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collegelife_288

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jlg71 Author

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A year ago

Smart ... Thanks!

Holly72492

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Thanks

Tabitha.davis

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

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