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please answer the question with detailed solution that is simple and clear to read. Thank you!
Between "Time 0" and "Time 1", a publicly-traded company did a "x" for "y" stock split. Suppose the rate of return on this company's stock from Time O to Time 1 was 0.33 (in decimals) (assume the company did not issue dividends) What was the "x for y" stock split ratio? Please state your answer to 4 decimal places (for example: #.### should be stated as #.####). Between "Time 0" and "Time 1", a publicly-traded company did a "x" for "y" stock split. Suppose the rate of return on this company's stock from Time O to Time 1 was 0.33 (in decimals) (assume the company did not issue dividends) What was the "x for y" stock split ratio? Please state your answer to 4 decimal places (for example: #.### should be stated as #.####)
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