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jonaschem16 jonaschem16
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A year ago
Toombs Media Corp. recently completed a 3-for-1 stock split. Prior to the split, its stock sold for $150 per share. The firm’s total market value was unchanged by the split. Other things held constant, what is the best estimate of the stock’s post-split price?


▸

$50.00



▸

$52.50



▸

$55.13



▸

$57.88

Textbook 
Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
Authors:
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xxxmedicalxxxmedical
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A year ago
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jonaschem16 Author
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A year ago
Thank you, thank you, thank you!
jmendoza
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Yesterday
Thanks
mkyoungs
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2 hours ago
Smart ... Thanks!
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