Question
Dell announced that it will split its shares in a 5:1 split. The shares were trading at $50 before the split. If you owned 100
Dell announced that it will split its shares in a 5:1 split. The shares were trading at $50 before the split. If you owned 100 shares before the split, what would you own after the split?
Group of answer choices
A. 100 shares of Dell trading at $250/share
B. 500 shares of Dell trading at $10/share
C. 100 shares of Dell trading at $50/share
D. 500 shares trading at $250/share
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Financial Management Principles And Applications
Authors: Sheridan Titman, John Martin
14th Global Edition
1292349824, 978-1292349824
