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A company recently completed a 5-for-3 stock split. Prior to the split, its stock sold...

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Finance

A company recently completed a 5-for-3 stock split. Prior to the split, its stock sold for $155 per share. If the total market value was unchanged by the split, what was the price of the stock following the split?

81

75

93

87

69

Answer & Explanation Solved by verified expert
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