If a company declares a 2 for 1 stock split when its stock, Ask an Expert

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if a company declares a 2 for 1 stock split when its stock was trading for $40 just prior to the announcement and it has 2 million shares outstanding, what will the theoretical market price of the stock be just after the stock split? Are stockholders better off?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M961542

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