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Suppose you own 2,500 common shares of Laurence Incorporated. The EPS is $12.00, the DPS is $2.50, and the stock sells for $75 per share. Laurence...

Suppose you own 2,500 common shares of Laurence Incorporated. The EPS is $12.00, the DPS is $2.50, and the stock sells for $75 per share. Laurence announces a 3-for-1 split. Immediately after the split, what will the adjusted EPS?

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The adjusted EPS after the split = ($12* 2500)/ 7... View the full answer

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