ou currently own 100 shares of Tesla stock. The stock currently was traded at $2,150 a share.

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ou currently own 100 shares of Tesla stock. The stock currently was traded at $2,150 a share. If the company announces a 5-for-1 stock split and the stock price jumped 10% after the stock split. Which of the following best describes your position after the stock split takes place?

		You will have 500 share of stock with $430 a share.
		You will have 500 share of stock with $473 a share.
		You will have 550 shares of stock with $430 a share.
		You will have 550 shares of stock with $473 a share.

Posted Date: Jul 10, 2024 11:12 AM

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ou currently own 100 shares of Tesla stock. The stock currently was traded at $2,150 a share.

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