EP FUNDAMENTALS OF FIN.MGMT.-MINDTAP
14th Edition
ISBN: 9781305672086
Author: Brigham
Publisher: CENGAGE L
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Chapter 15, Problem 2P
Summary Introduction
To calculate: Stock price after the splitting 3 for 2 stocks.
Stock split: When a company has large number of outstanding shares, then the board of directors decided to issue more shares to current shareholders, which resulted in decreasing the number of outstanding shares and increasing the shares prices.
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Chapter 15 Solutions
EP FUNDAMENTALS OF FIN.MGMT.-MINDTAP
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