suppose you own 1000 common share of laurence inc


Suppose you own 1,000 common share of Laurence Inc. The EPS is $9.00, the DPS is $3.00, and the stock sells for $75 per share. The company announces a 2-for-1 split. Immediately after the split, how many shares will I have? What will the adjusted EPS and DPS be (rounded to the nearest cents)? And what would the stock price be (rounded to the nearest cent)?

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Financial Management: suppose you own 1000 common share of laurence inc
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