The Tinslow Co.has 65,000 shares of stock outstanding at a market price of $68 a share.The company just announced a 7-for-3 stock split.What will the market price per share be after the split?
A) $38.08
B) $29.14
C) $43.75
D) $158.67
E) $135.21
Correct Answer:
Verified
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