Question: On December 14, XTO Energy Inc executed a 5-for-4 split. At that time, Ed owned 553 shares of that stock. The price per share was
On December 14, XTO Energy Inc executed a 5-for-4 split. At that time, Ed owned 553 shares of that stock. The price per share was $55.60 before the split. What is the pre-split value of Ed's stock? Do not include the dollar sign or commas.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
