XYZ has 400,544 shares of common stock outstanding, a P/E ratio of 9, and $522,330...
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Finance
XYZ has 400,544 shares of common stock outstanding, a P/E ratio of 9, and $522,330 in net income. The board of directors has just voted in favor of a 4-for-1 stock split. You owned 232 shares before the stock split. What will be the total value of your investment after the split? SET YOUR CALCULATOR TO 4 DECIMAL PLACES. ROUND TO THE NEAREST WHOLE NUMBER AT THE END. FOR EXAMPLE, IF YOUR ANSWER IS 1700.5567, ENTER IT AS 1701.
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