Question: Stock split If a company declares a 5-for-1 stock split, the price before the split is $90, and the price after the split is $18,

Stock split If a company declares a 5-for-1 stock split, the price before the split is $90, and the price after the split is $18, show that a current shareholder is no better off after the split Current shareholders are no better off after the 5-for-1 split because if they owned one share at S90 per share before the split, they would then own | worth $18 each immediately after the split. (Select from the drop-down menu.) shares

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