painlovee3367 painlovee3367

22-02-2024
Business

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ABC stock is currently trading for $8.40 per share. The company wants to restructure and perform a 4-to-1 split. If there are currently 20,000 shares, what will be the new market cap (post-split)?

A) $67,200
B) $134,400
C) $336,000
D) $672,000

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