The peanut shack has 65000 shares of stock outstanding with, Finance Basics

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The peanut shack has 65000 shares of stock outstanding with

The Peanut Shack has 6,5000 shares of stock outstanding with a par value of $1 per share. The current market value of the firm is $145,600. The company just announced a 3-for-2 stock split. What will the market price per share be after the split?

a. $28.20
b. $12.14
c. $14.93
d. $36.40

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Finance Basics: The peanut shack has 65000 shares of stock outstanding with

Reference No:- TGS0602705

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

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Finance Basics: The peanut shack has 65000 shares of stock outstanding with

Reference No:- TGS0602705

Recent Questions Asked Finance Basics

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