Question
Kayla owns 200 shares of Blackwood common stock valued at $330 a share. Blackwood has declared a 3for2 stock split effective tomorrow. After the split,
Kayla owns 200 shares of Blackwood common stock valued at $330 a share. Blackwood has declared a 3for2 stock split effective tomorrow. After the split, Kayla will own
A.
600 shares valued at about $220 a share.
B.
600 shares valued at about $$110 a share.
C.
133 shares valued at about $495 a share.
D.
300 shares valued at about $220 a share.
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Fundamentals Of Corporate Finance
Authors: Stephen A Ross, Randolph W Westerfield, Bradford D Jordan
7th Edition
0073134295, 9780073134291
