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You own 2,000 shares of Eastern Shipping Ltd. The EPS is $10.00, the dividends per share(DPS) is $3.00 and the stock sells for $80 per share. Eastern Shipping announces a 3 for 1 stock split. Immediately after the split, how many shares will you have, what will the new EPS and DPS be, and what would you expect the stock price to be?

Financial Management, Finance

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