On April 9, 2015, Starbucks corporation split its shares two-for-one. On the day before the split, Starbucks

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On April 9, 2015, Starbucks corporation split its shares two-for-one. On the day before the split, Starbucks shares closed at $95.23. Theoretically, after the split the stock price should fall by half to $47.62. In fact, once the split went into effect on April 9th the opening price of the Starbucks share fell. Calculate the stock market value after the split, show the formula, do the math until getting the final result, and indicate the unit of measurement.