Llf Fundamentals Of Financial
Llf Fundamentals Of Financial
15th Edition
ISBN: 9781337395267
Author: Brigham
Publisher: CENGAGE LEARNING - CONSIGNMENT
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Chapter 15, Problem 2P
Summary Introduction

To calculate: Stock price after the splitting 3 for 2 stocks.

Introduction:

Stock Split:

When a company has large number of outstanding shares then the board of directors decide to issue more shares to the current shareholders thus, it results in decreasing the number of outstanding shares and increasing the shares prices.

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