Determining the stock split, Finance Basics

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Determining the stock split

Gamma Medical's stock trades at $145 a share. The company is contemplating a 3-for-2 stock split. Assuming that the stock split will have no effect on the market value of its equity, what will be the company's stock price following the stock split? Round your answer to the nearest cent.

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Finance Basics: Determining the stock split

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Finance Basics: Determining the stock split

Reference No:- TGS041538

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Recent Questions Asked Finance Basics

Q : Consolidated balance to be reported for land

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Q : Determining the stock values

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Determining the stock split

Reference No:- TGS041538

Recent Questions Asked Finance Basics

Q : Consolidated balance to be reported for land

Q : Taxes-progressive or proportional

Q : Determining the stock values

Q : Statement relating to consolidated statements

Q : Determining the stock split

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Q : Determining the expected return on mutual fund

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