Business, 07.07.2020 18:01 ramenbowlz

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? a) $28.43
b) $29.93
c) $31.50
d) $33.08
e) $34.73

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Whited Products recently completed a 4-for-1 stock split. Prior to the split, its stock sold for $12...

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