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Author Question: Initech Inc. has 100 shares outstanding, which are trading for $90. Initech's CFO believes that the ... (Read 127 times)

nummyann

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on: Apr 25, 2021
Initech Inc. has 100 shares outstanding, which are trading for $90. Initech's CFO believes that the $90 stock price makes the stock too expensive for retail investor, since buying a board lot requires an investment of $9,000. To lower the price, Initech has announced a 2-for-1 stock split. What is the price after the split?
◦ $45
◦ $90
◦ $100
◦ $180
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by nummyann on Apr 25, 2021

jaaaaaaa

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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nummyann

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Reply 2 on: Apr 25, 2021
Thanks for the timely response, appreciate it

FergA

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Reply 3 on: Yesterday
Wow, this really help

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