Question
Sunshine Corp. announced a 2-for-1 stock split of its common stock, which currently is selling for $10 per share. Currently, 200,000 shares of stock are
Sunshine Corp. announced a 2-for-1 stock split of its common stock, which currently is selling for $10 per share. Currently, 200,000 shares of stock are outstanding. What should be the market price per share of the stock immediately after the split is initiated?
- A. $10
- B. $20
- C. $5
- D. $50
- E. $15
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The Pillars Of Finance The Misalignment Of Finance Theory And Investment Practice
Authors: G. Fraser-Sampson
2014th Edition
1137264055, 978-1137264053
