Question
11.Microsoft is currently trading at $36 per share. You have 10,000 shares of Microsoft. The company is going to announce a 3-1 stock split to
11.Microsoft is currently trading at $36 per share. You have 10,000 shares of Microsoft. The company is going to announce a 3-1 stock split to the public. What is the total value of your stock after the stock split?
A. $120,000
B. $720,000
C. $240,000
D. $360,000
12.If a company wants to triple its stock price overnight, which of the following method is the best choice?
| A. | 33% stock dividend | |
| B. | 3-1 stock split | |
| C. | Cash dividend | |
| D. | 1-3 stock split |
PLEASE ANSWER ALL QUESTIONS
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The Charles Schwab Guide To Finances After Fifty
Authors: Carrie Schwab-Pomerantz, Joanne Cuthbertson
1st Edition
0804137366, 978-0804137362
