You own 100 shares of SUV. The company announces a 7 for 1 stock split effective October

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You own 100 shares of SUV. The company announces a 7 for 1 stock split effective October 3. On October 2 SUV closes at 398.72 per share. On the opening bell on October 3 what will you own?

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Financial Theory and Corporate Policy

ISBN: 978-0321127211

4th edition

Authors: Thomas E. Copeland, J. Fred Weston, Kuldeep Shastri

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Posted Date: May 15, 2023 12:52 AM

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You own 100 shares of SUV. The company announces a 7 for 1 stock split effective October

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After a 7for1 stock split each shareholder will receive 7 shares for every 1 sha... View the full answer

Financial Theory and Corporate Policy

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