# Write the spreadsheet formula that will calculate the post-split price per share in C4. The ratio for the split is entered in cells B2 and C2. For example, the ratio of 2-for-1 would be entered as a 2 in B2 and a 1 in C2. The number of pre-split shares is entered in B3 and the pre-split price is entered

Chapter 8, Application 8.8 #14

Write the spreadsheet formula that will calculate the post-split price per share in C4.

The ratio for the split is entered in cells B2 and C2. For example, the ratio of 2-for-1 would be entered as a 2 in B2 and a 1 in C2. The number of pre-split shares is entered in B3 and the pre-split price is entered in B4.

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**Related Book For**

## Financial Algebra Advanced Algebra With Financial Applications

2nd Edition

Authors: Robert Gerver, Richard J. Sgroi

ISBN: 9781337271790