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Microsoft is currently $30 per share. Suppose that the firm announces a 2 for 3...

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Question

Finance

Microsoft is currently $30 per share. Suppose that the firm announces a 2 for 3 stock split. Based solely on this information, what will the share price of Microsoft to be after the split?

a.

$30
b.

$45
c.

$15
d.

$33
e.

$20

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