Toombs media corp recently completed a 3-for-1 stock split

Reference no: EM13622317

Toombs Media Corp. recently completed a 3-for-1 stock split. Prior to the split, its stock sold for $80 per share. The firm's total market value was unchanged by the split. Other things held constant, what is the best estimate of the stock's post-split price?

Reference no: EM13622317

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