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Assume that an investor owns 1 1 6 shares of $ 1 2 par value common stock of company and the company has a 2
Assume that an investor owns shares of $ par value common stock of company and the company has a for stock split when the market price per share is $
Required:
a How many shares of common stock will the investor own after the stock split?
b What will probably happen to the market price per share of the stock?
c What will probably happen to the par value per share of the stock?
tablea Shares of common stock after split,b The market price per share should:,c The par value per share will:,
decrease.
remain same.
increase.
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