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Tamara owns 595 shares of stock in a home appliance company. The value of the stocks is $12.75 per share. The company offers a 5:1 stock split.

How many shares does Tamara own of the company after the stock split?
5 years ago

Answers

oobleck
5:1 means 5 times as many shares, each worth 1/5 as much.
The net worth of the company has not changed.
5 years ago
fartmaster
2975 I think
4 years ago

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