Whited Products recently completed a 4-for-1 stock split.Prior to the split,its stock sold for $105 per share.If the firm's total market value increased by 4% as a result of increased liquidity and favorable signaling effects,what was the stock price following the split?
A) $26.21
B) $24.57
C) $20.75
D) $27.30
E) $21.84

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The Answer of Whited Products recently completed a 4-for-1 stock split.Prior to the split,its stock sold for $105 per share.If the firm's total market value increased by 4% as a result of increased liquidity and favorable signaling effects,what was the stock price following the split?
A) $26.21
B) $24.57
C) $20.75
D) $27.30
E) $21.84

Whited Products Recently Completed a 4-For-1 Stock Split