Question $2$

Suppose you own $5\%$ of Coastal Corporation's $400,000$ outstanding common shares. The stock was trading for

$$165$ per share before Coastal executives announced a $3-$for$-2$ stock split. After the split, you will own

shares worth

per share.

$[30,000$;$$110],[22,500$;$$110],[10,000$;$$165],[30,000$;$$165],[15,000$;$$110]$