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Find the stock expected price immediately after the stock

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Reference no: EM133062516

Question - AA is a pharmaceutical company and plants to adopt a stock splits by giving 4 stocks for existing stocks The current stock price per share is $60 The company's managers believe the total market value would increase by 5% This is because of the expected improvement in companies' liquidity that will follow the company's plan. Find the stock's expected price immediately after the stock split.

Reference no: EM133062516

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