Polycorp wishes to make a three for one stock split each

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Polycorp wishes to make a three for one stock split (each share will be replaced by three shares). The current share price is $8.13. What is the theoretical ex-split price? Are the shareholders better off after the split, why or why not? No more than a short paragraph is required for this answer.

Reference no: EM13483082

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Polycorp wishes to make a three for one stock split each : polycorp wishes to make a three for one stock split each share will be replaced by three shares. the current share

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