In February, Robbins and Myers, Inc. executed a 2-for-1 split. Janine had 470 shares before the split.
Question:
a. How many shares did she hold after the split?
b. What was the post-split price per share?
c. Show that the split was a monetary non-event for Janine.
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Related Book For
Financial Algebra advanced algebra with financial applications
ISBN: 978-0538449670
1st edition
Authors: Robert K. Gerver
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