Question: Mid-State BankCorp recently declared a 7-for-2 stock split. Prior to the split, the stock sold for $120 per share. If the firm's total market value
Mid-State BankCorp recently declared a 7-for-2 stock split. Prior to the split, the stock sold for $120 per share. If the firm's total market value is unchanged by the split, what will the stock price be following the split? $27.77 O $35.31 $39.77 $34.29 O $41.49
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