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What will be the company stock price following stock split

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Reference no: EM132816750

Problem 1: McGrudd Logistic's stock trades at $156 a share. The company is considering a 3-for-2 stock split. Assuming that the stock split will have no effect on the market value of its equity, what will be the company's stock price following the stock split?

Reference no: EM132816750

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