Becker financial recently declared a 2 for 1 stock split


Becker Financial recently declared a 2 for 1 stock split. Prior to the split, the stock sold for $80 per share. IF the firm's total market value is unchanged by the split, what will the stock price be following the split?

$36.10
$38.00
$40.00
$42.00
44.10

 

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Finance Basics: Becker financial recently declared a 2 for 1 stock split
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