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Winslow Co. has 142,000 shares of stock outstanding at a market price of $52 a share. The company just announced a 5-for-3 stock split. How many shares of stock will be outstand…

Winslow Co. has 142,000 shares of stock outstanding at a market price of $52 a share. The company just announced a 5-for-3 stock split. How many shares of stock will be outstand…
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Winslow Co. has 142,000 shares of stock outstanding at a market price of $52 a share. The company just announced a 5-for-3 stock split. How many shares of stock will be outstanding after the split?

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User Kinya
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1 Answer

4 votes
Company share of stocks:
$52 x 5 ^ 3 = $86.666 hope this helps :)
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User Brendangibson
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