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Zimmer Corp. has just declared a 5 for 4 stock split. If...

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Question

Accounting

Zimmer Corp. has just declared a 5 for 4 stock split. If the pre-split price of common stock was $36 a share, what will be the post-split price per share (assuming no other changes occur)?
Question 6Answer
a.
$27,00
b.
$32.00
c.
$30.00
d.
$28.80

Answer & Explanation Solved by verified expert
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