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What would expect the stock price to be

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Question 1: Suppose you own 100 shares of Laurence Incorporated. The EPS is $6.00, the DPS is $1.2, and the stock sells for $90 per share. Laurence announces a 3-for-2 split. Immediately after the split, how many shares will you have, what will the adjusted EPS and DPS be, and what would you expect the stock price to be?

Reference no: EM132488124

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