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Poff Industries' stock currently sells for $ 1 2 0 a share. You own 1 0 0 shares of the stock. The company is contemplating
Poff Industries' stock currently sells for $ a share. You own shares of the stock. The company is contemplating a for stock split. Which of the following best describes what your position will be after such a split takes place?
a You will have shares of stock, and the stock will trade at or near $ a share.
b You will have shares of stock, and the stock will trade at or near $ a share.
c You will have shares of stock, and the stock will trade at or near $ a share.
d You will have shares of stock, and the stock will trade at or near $ a share.
e You will have shares of stock, and the stock will trade at or near $ a share
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