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18 You own 100 shares of stock, which currently sells for $120 a share. The company is about to declare a 2-for-1 stock split. Which

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18 You own 100 shares of stock, which currently sells for $120 a share. The company is about to declare a 2-for-1 stock split. Which of the following best describes your likely position after the split? Select one: You will have 50 shares of stock, and the stock will trade at or near S120 a share b. You will have 200 shares of stock, and the stock will trade at or near $60 a share c. You will have 100 shares of stock, and the stock will trade at or near $60 a share d. You will have 200 shares of stock, and the stock will trade at or near S120 a share, e. You will have 50 shares of stock, and the stock will trade at or near $600 a share Next page 5

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