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Howard Contracting recently completed a 3-for-1 stock split. Prior to the split, its stock price was $150 per share. the firm's total market value wa...

Howard Contracting recently completed a 3-for-1 stock split.  Prior to the split, its stock price was $150 per share.  the firm's total market value wa unchanged by the split.  What was the price of the copany's stock following the stock split?
a)$50
b) $60
c) $90
d) $120

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stock split.docx

Howard Contracting recently completed a 3-for-1 stock split. Prior to the split, its stock price
was $150 per share. the firm's total market value wa unchanged by the split. What was the
price of...

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