The common stock of Vicary, Inc. is selling for $78 a share. Currently, the all equity firm has a total market value of $6,825,000. How many shares of stock will be outstanding if the firm does a 3-for-2 stock split?

Sep 8, 2023

The common stock of Vicary, Inc. is selling for $78 a share. Currently, the all equity firm has a total market value of $6,825,000. How many shares of stock will be outstanding if the firm does a 3-for-2 stock split?

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The common stock of Vicary, Inc. is selling for $78 a share. Currently, the all equity firm has a total market value of $6,825,000. How many shares of stock will be outstanding if the firm does a 3-for-2 stock split?
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