EBK CORPORATE FINANCE
EBK CORPORATE FINANCE
4th Edition
ISBN: 9780134202778
Author: DeMarzo
Publisher: PEARSON CUSTOM PUB.(CONSIGNMENT)
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Chapter 17, Problem 31P
Summary Introduction

To determine: The split ratio which is required to bring the stock price down to $50.

Introduction:

Stock split is expressed in terms of ratios and not in percentage. A single share is divided into additional shares, once the company declares a stock split.

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EBK CORPORATE FINANCE

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