Question: BTS management is considering a stock split. BTS currently sells for $120 per share and a 3-for 2 stock split is contemplated. What will be
BTS management is considering a stock split. BTS currently sells for $120 per share and a 3-for 2 stock split is contemplated. What will be the companys stock price following the stock split, assuming that the split has no effect on the total market value of BTSs equity? (10 points)
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