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tsk tsk
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A year ago
Whited Products recently completed a 4-for-1 stock split. Prior to the split, its stock sold for $120 per share. If the firm’s total market value increased by 5% as a result of increased liquidity caused by the split, what was the stock price following the split?


▸

$24.00



▸

$30.00



▸

$31.50



▸

$33.50

Textbook 
Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
Authors:
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bamboofactorbamboofactor
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A year ago
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tsk Author
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A year ago
This site is awesome
larrybrads
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Loruiz15
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2 hours ago
Helped a lot
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