Question: 4) Familiarity bias 5) None Question 33 CONCEPTUAL PROBLEM (based on what you learned in FIN 31000). A firm with a total market value of

 4) Familiarity bias 5) None Question 33 CONCEPTUAL PROBLEM (based on

4) Familiarity bias 5) None Question 33 CONCEPTUAL PROBLEM (based on what you learned in FIN 31000). A firm with a total market value of $1 billion announces a 4-to-1 stock split. Prior to the split, the stock was selling for $20 per share. What should be the post-split stock price per share? Also, how much is the total market value of the firm after the split? 1) $5: $1 billion 2) $5; $4 billion 3) $80; $1 billion 4) $80: $4 billion MacBook Air 888 IL 4 % 5 6 7 * 8 9 22:02

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