Question: how do I solve this and what is the correct answer? Stock Split Suppose you own 3,000 common shares of Laurence Incorporated. The Gis is
how do I solve this and what is the correct answer?
Stock Split Suppose you own 3,000 common shares of Laurence Incorporated. The Gis is $8.00, the OPS is $5.00, and the stock sells for $80 pet share. Laurence announces a 2 -for-1 split. Immediately after the split, how many shares will you have? Round rouf answer to the nearest whole number: chares What witr the adjusted EPS and DPS be? Round your answers to the nearest cent, EPS: 5 DPS: 5 What would you expect the stock price to be? Round your answer to the nearest cent
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