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Suppose you own 3,000 common shares of Laurence Incorporated. The EPS is $8.00, the DPS is $4.25, and the stock sells for $90 per share. Laurence announces a 2-for-1 split. Immediately after the split, how many shares will you have? What will the adjusted EPS and DPS be? Round your answers to the nearest cent. EPS $ DPS $ What would you expect the stock price to be? Round your answer to the nearest cent. $

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Financial Management, Finance

Category:- Financial Management
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