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What is the best estimate of the stock post-split price

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Question 1: Camden Co. completed a 3-for-2 stock split. Immediately prior to the split, its stock sold for $90 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?

A. $30

B. $45

C. $60

D. $135

E. None of the above

Reference no: EM132627544

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