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Problem: Jpix management is considering a stock split. JPix currently sells for $120 per share and a 3- for -2 stock splits is contemplated.

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Question: What will be the company's stock price following the stock split, assuming that the split has no effect on the total market value of JPix's equity?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91173250

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