Suppose that during a 10 year period, a corporation's stock has a 2:1 split. By what percent would the price per share have to decrease in order for the rate of return during this period to be -6.7%? Round your answer to the nearest percent.
Added by Ivan W.
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So, if the price per share was $x$ before the split, it becomes $x/2$ after the split. Show more…
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