Polycorp wishes to make a threefor one stock split (each share will be replaced by three shares). The currentshare price is $8.13. What is the theoretical ex-split price? Are theshareholders better...

Polycorp wishes to make a three for one stock split (each share will be replaced by three shares). The current share price is $8.13. What is the theoretical ex-split price? Are the shareholders better off after the split, why or why not? No more than a short paragraph is required for this answer.