Question: When Tandy (RadioShack) Corporation announced a 2:1 stock split, the company had 97 million shares outstanding, trading at $100 per share. a. Estimate the number

When Tandy (RadioShack) Corporation announced a 2:1 stock split, the company had 97 million shares outstanding, trading at $100 per share.
a. Estimate the number of shares outstanding and market price per share immediately after the split.
b. Estimate the company’s overall market value, and explain whether you expect the company’s overall market value to change due to the split.

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a The number of shares outstanding after the split would be 19... View full answer

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