Question: Jackson Corp. recently completed a 3-for-1 stock split. Prior to the split, its stock sold for $160 per share. The firm's total market value was

Jackson Corp. recently completed a 3-for-1 stock split. Prior to the

Jackson Corp. recently completed a 3-for-1 stock split. Prior to the split, its stock sold for $160 per share. The firm's total market value was unchanged by the split. Other things held constant, what is the best estimate of the stock's post-split price? C$55.47 C$50.67 C$40.00 C$41.60 C$53.33

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