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What is the company stock price after the split

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Reference no: EM133121594

Jackson & Jackson is a globally famous pharmaceutical company with a common stock market capitalization of $500 billion. It has 500 million shares outstanding.

1. What is its share price?

2. Jackson & Jackson announces a 10:1 stock split effective immediately and includes no other information in the announcement. What is the company's stock price after the split?

Reference no: EM133121594

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