Below is a chart showing the closing price of App Inc. stock between January 2018 and...
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Below is a chart showing the closing price of App Inc. stock between January 2018 and April 2018. Although it may look like Apple's stock dropped dramatically in value in February 2018 (from about $90 per share to $45 per share), this is not the case. App Inc. split its stock, meaning that it doubled the number of outstanding shares on the market while cutting the price per share in half. Price in Dolar 100 PORT sma 134200 Closing Price of Apple Stock KOGE SON SHOCK Calculate the value of the stock holdings after they undergo a split. Complete the the appropriate information. with Below is a chart showing the closing price of App Inc. stock between January 2018 and April 2018. Although it may look like Apple's stock dropped dramatically in value in February 2018 (from about $90 per share to $45 per share), this is not the case. App Inc. split its stock, meaning that it doubled the number of outstanding shares on the market while cutting the price per share in half. Price in Dolar 100 PORT sma 134200 Closing Price of Apple Stock KOGE SON SHOCK Calculate the value of the stock holdings after they undergo a split. Complete the the appropriate information. with
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To calculate the value of stock holdings after a split you need to consider the split ratio and adju... View the full answer
Related Book For
Statistics Informed Decisions Using Data
ISBN: 9780134133539
5th Edition
Authors: Michael Sullivan III
Posted Date:
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