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The Tinslow Co. has 125,000 shares of stock outstanding at a market price of $93 a share. The company has just announced a 5-for-3 stock split. How many shares of stock will be outstanding after the split?

62,500 shares

75,000 shares

83,333 shares

175,000 shares

208,333 shares

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92066380

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