Description of this paper

Rooney Inc. recently completed a 3-for-2 stock spl...

Description

Solution


Question

Rooney Inc. recently completed a 3-for-2 stock split. Prior to the split, its stock price was $90 per share. The firm's total market value was unchanged by the split. What was the price of the company?s stock following the stock split?

 

Paper#5694 | Written in 18-Jul-2015

Price : $25
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