Business, 21.04.2020 15:30 ggjhuvth

Last week, Weschler Paint Corp. completed a 3-for-1 stock split. Immediately prior to the split, its stock sold for $150 per share. The firm's total market value was unchanged by the split. Other things held constant, what is the best estimate of the stock's post-split price? a. $52.50 b. $50.00 c. $60.78 d. $57.88 e. $55.13

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Last week, Weschler Paint Corp. completed a 3-for-1 stock split. Immediately prior to the split, its...

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