Stock Split
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Tarheel Computing's stock was trading at $180 per share before its recent 3-for-1 stock split. The 3-for-1 split led to a 5 percent increase in Tarheel's market capitalization. (Market capitalization equals the stock price times the number of shares.) What was Tarheel's price after the stock split?
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Solution Summary
The expert examines the stock split for Tarheel Computing.
Education
- BE, Bangalore University, India
- MS, University of Wisconsin-Madison
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