Assume a company had 500,000 shares of stock outstanding that were trading at $20 a share. If the company did a 2 -for-1 stock split. how many shares will be outstanding after the split? 250,000 1,000,000 500,000 20 Question 2 If the company's stock was $40 per share and they did a 2 -for-1 reverse stock split. How much is the stock worth now? unsable to determine $40 560 $20