Solution-What price would expect the stock to trade

What price would expect the stock to trade immediately

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Reference no: EM132776112

The common stock of ABC Corporation was trading at $50 per share on October 15, 2018. A year later, on October 15, 2019, it was trading at $80 per share. On this date, ABC's board of directors decided to split the company's common stock.

Problem 1: If the company decides on a 2-for-1 split, at what price would you expect the stock to trade immediately after the split goes into effect?

Reference no: EM132776112

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What price would expect the stock to trade immediately

Reference no: EM132776112

Reference no: EM132776112

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