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Million shares of stock outstanding

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A firm currently has 8 million shares of stock outstanding that have a current market price of $18. If all else remains constant, what will be the share price after A 2-for-1 stock split

Please round to TWO (2) decimals in numbers.

For instance, if the amount is $3,456.1234, you put in 3456.12 in the answer.

Reference no: EM132293135

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