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Posted on Jun 27, 2024

Can you help me with figuring out how to calculate split stocks? It is very confusing to me and I don't know how to figure

Can you help me with figuring out how to calculate split stocks? It is very confusing to me and I don't know how to figure this one out. Fred Jones owns 56 shares of the Robust Corporation's stock. Robust announces a 3 for 2 stock split. How many shares will Fred have after this split? a. 178 shares. b. 112 shares. c. 84 shares. d. 56 shares

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Intermediate Financial Management

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