Question: Becker Financial recently declared a 2-for-1 stock split. Prior to the split, the stock sold for $100 per share and there were 1,500,000 shares outstanding.

Becker Financial recently declared a 2-for-1 stock split. Prior to the split, the stock sold for $100 per share and there were 1,500,000 shares outstanding. If the firm's total market value is unchanged by the split, what will the stock price be following the split?

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