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Suppose you own 1,000 common shares of CIBC

Finance

Suppose you own 1,000 common shares of CIBC. The earnings per share is $6.00, the Dividend per share is $3.00, and the stock sells for $90 per share. CIBC announces a 3-for-1 stock split. Immediately after the split, how many shares will you have, what will be the new Earnings per Share, Dividend per share, and the expected stock price immediately after the split?

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