In April 2015, Richelieu Hardware Ltd. completed a 3-for-1 stock split. Immediately before the split, the company

Question:

In April 2015, Richelieu Hardware Ltd. completed a 3-for-1 stock split. Immediately before the split, the company had 19.5 million issued common shares trading at $67.30 per share.
(a) How many shares did it have after the stock split?
(b) What was the most likely price of the shares after the stock split?
(c) How would Richelieu record or report this stock split?