Problemgamma medicals stock trades at 95 a share the, Ask an Expert

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Problem:

Gamma Medical's stock trades at $95 a share. The company is contemplating a 3-for-2 stock split. Assuming that the stock split will have no effect on the market value of its equity,

Required:

Question: What will be the company's stock price following the stock split?

Note: Please answer in proper manner and show all computations

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91168229

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