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Business, 06.05.2020 04:00 bri6517

XYZ has 400,000 shares of common stock outstanding, a P/E ratio of 8, and $500,000 in net income. The board of directors has just voted in favor of a 3-for-2 stock split. You owned 100 shares before the stock split. What will be the total value of your investment after the split? Group of answer choices

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