2. Determining the Effect of a Stock Split on a Stock’s Market Value. Use the Internet, and/or issues of The Wall Street Journal to locate a stock that has experienced a 2-for-1 split. (Obj. 1)

a. What is the name of the corporation that had the 2-for-1 stock split?

b. When did the stock split?

c. What was the price the day before the stock split?

d. What was the price the day after the stock split?

e. What was the price a month after the stock split?

f. At the end of one month, do you think the stock split was good for an individual investor?