On september 1 2011 miami corporations common stock was, Ask an Expert

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On September 1, 2011, Miami Corporation's common stock was selling at a market price of $25 per share. On that date, Miami announced a 1 for 4 stock split. At what price would you expect the stock to trade immediately after the split goes into effect?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9989755

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