Question: help Engines, Inc. declares a 3-for-2 stock split. The stock currently sells for $69 a share. Tom owned 160 shares of stock prior to the

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help Engines, Inc. declares a 3-for-2 stock split. The stock currently sells

Engines, Inc. declares a 3-for-2 stock split. The stock currently sells for $69 a share. Tom owned 160 shares of stock prior to the split. (You MUST show your work for credit!) (1) How many NEW shares will he have after the split? (2) What will be the stock price after the split

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