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Alfonzo's Italian House has 25,000 shares of stock outstanding with a par value of $1 per share and a market price of $36 a share. The firm just announced a 2-for-1 stock s…

Alfonzo's Italian House has 25,000 shares of stock outstanding with a par value of $1 per share and a market price of $36 a share. The firm just announced a 2-for-1 stock s…
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Alfonzo's Italian House has 25,000 shares of stock outstanding with a par value of $1 per share and a market price of $36 a share. The firm just announced a 2-for-1 stock split. What will the market price per share be after the split

User SynergyChen
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1 Answer

7 votes

Answer:

$18

Step-by-step explanation:

User Rosauro
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