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Poff Industries' stock currently sells for $120 a share. You own 100 shares of the stock. The compary is contemplating a 2-for-1 stock split: Which

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Poff Industries' stock currently sells for $120 a share. You own 100 shares of the stock. The compary is contemplating a 2-for-1 stock split: Which of the following best describes what your powition will be after such o spit takes place? 3. You will have 50 shares of stock, and the stock will trade at or near $120 a share. 3. You will have 50 shares of stock, and the stock will trade at or near $60 a share. - You will have 200 shares of stock, and the stock will trade at or near $120 a share. 1. You will have 200 shares of stock, and the stock will trade at or near $60 a share. 1. You will have 100 shares of stock, and the stock will trade at or near $60 a share

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