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Becker Financial Recently Completed a 7-For-2 Stock Split

Question 24

Multiple Choice

Becker Financial recently completed a 7-for-2 stock split.Prior to the split, its stock sold for $90 per share.If the total market value was unchanged by the split, what was the price of the stock following the split?


A) $23.21
B) $24.43
C) $25.71
D) $27.00
E) $28.35

Correct Answer:

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