Pluto United has 14,200 shares of stock outstanding at a price per share of $23.How many shares will be outstanding if the firm does a 4-for-3 stock split?
A) 18,300 shares
B) 19,033 shares
C) 18,667 shares
D) 19,100 shares
E) 18,933 shares
Correct Answer:
Verified
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