Wildcat Company is considering a 5-for-3 stock split. The current price is $57.00 per share, and Wildcat believes that its total market value would increase by 7.5% as a result of the improved liquidity that it thinks would follow the split. What is the stock's expected price following the split?

Answer rating: 100% (QA)

To calculate the expected price per share following the stock split we first need to determine the n... View the full answer