What is the market for corporate control
What is the market for corporate control? What conditions generally cause this external governance mechanism to become active? How does the mechanism constrain top executives' decisions and actions?
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Alfonzo's Italian House has 25,000 shares of stock outstanding with a par value of $1 per share and a market price of $36 a share. The firm just announced a 5-for-3 stock split. What will the market price per share be after the split?
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