shares
Question
Company X has 20M shares outstanding at $21 per share. Management has announced a 2 for 1 stock split. What would
be the new market cap of the company Y?
$600M
$1200M
$420M
$50M
$200M
outstanding at $21 per share. Management has announced a 2 for 1 stock split. What would
be the new market cap of the company Y?
$600M
$1200M
$420M
$50M
$200M