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Business, 09.02.2022 01:30 riaahroo2378

A firm with a total market value of $1 billion announces a 4-to-1 stock split. Prior to the split, the stock was selling for $20 per share. Suppose the actual post-split price per share is $8. Assuming no signaling effect in the form of new information, what does this tell us about market efficiency

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A firm with a total market value of $1 billion announces a 4-to-1 stock split. Prior to the split, t...

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