angshan Mining has 100,000 shares outstanding and has just declared a 3-for-2 stock split. Prior to the announcement, the company's stock was trading at $50.00 per share. After the stock dividend, the company's stock should trade at ________ per share. (Please calculate the arithmetic solution and show your work)

Answer rating: 100% (QA)

A stock split is a corporate action in which a company increases the number of its ou... View the full answer