East Coast Marina has 148,000 shares of stock outstanding. The current market value of the firm is $11.68 million. The company has capital in excess of par value of $1.7 million and a common stock account value of $148,000. The company is planning a stock split of 5-for-3 What will the market price per share be after the split? $15.63 $15.78 $16.73 $17.52 $47.35
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