Description of this paper

if a company declares a 2 for 1 stock split when i...

Description

Solution


Question

if a company declares a 2 for 1 stock split when its stock was trading for $40 just prior to the announcement and it has 2 million shares outstanding, what will the theoretical market price of the stock be just after the stock split? Are stockholders better off?,Thank you,Sir.

 

Paper#1422 | Written in 18-Jul-2015

Price : $25
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