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AFB, Inc. stock is currently selling for $20 per share. Thecompany completed a 5-for-1 stock splittwo days earlier. Two years ago, the company had a
AFB, Inc. stock is currently selling for $20 per share. Thecompany completed a 5-for-1 stock splittwo days earlier. Two years ago, the company had a 2-for-1 stock split. If thestock splits had not happened, the price of AFB, Inc. stock would, other thingsbeing equal, be
A)$140.00 per share.
B)$200.00 per share.
C)$100.00 per share.
D)$2.00 per share.
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