Winslow Co.has 142,000 shares of stock outstanding at a market price of $52 a share.The company just announced a 5-for-3 stock split.How many shares of stock will be outstanding after the split?
A) 62,500 shares
B) 82,200 shares
C) 83,333 shares
D) 233,333 shares
E) 236,667 shares
Correct Answer:
Verified
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