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Nathan Detroit owns 5 0 0 shares of Monster Beverage Corp., which he purchased for $ 1 1 7 per share. Nathan read that the
Nathan Detroit owns shares of Monster Beverage Corp., which he purchased for $ per share. Nathan read that the company's board of directors voted to split the stock for Just before the split, Monster Beverage shares were trading for $ Answer the following questions about the impact of the stock split on his holdings and taxes. Nathan is in the federal income tax bracket.
a The number of shares of Monster Beverage Nathan will own after the for split is shares. Round to the nearest whole number.
b The price of Monster Beverage immediately after the for split is $ per share. Round to the nearest cent.
c The current value of Nathan's stock holdings before the split is $Round to the nearest dollar.
Given that the postsplit stock price of Monster Beverage was $ the total value of Nathan's stock holdings after the for split is Round to the nearest dollar.
The stock split the total value of Nathan's stock holdings. Select from the dropdown menu.
d Nathan experiences
on the stock as a result of the for split. Select from the dropdown menu.
e What is Nathan's tax liability from the event? Select the best answer below.
A $
B $
C $
D $
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