stock split 34-2 STOCK SPLIT Emergency Medical's stock trades at $145 a share. The company is...

Question

Question

stock split

34-2 STOCK SPLIT Emergency Medicals stock trades at $145 a share. The company is con- templating a 3-for-2 stock split. Assu

Answer 1

Answer #1

Given,

Current price = $145

Split ratio = 2/3

Solution :-

Stock price after the split = Current price x split ratio

= $145 x 2/3 = $96.67

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Answer 2

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