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Suppose you have 200 common shares of Benjamin Industries. The EPS is $2.00, the DPS is $1.00, and the stock sells for $40 per share.
Suppose you have 200 common shares of Benjamin Industries. The EPS is $2.00, the DPS is $1.00, and the stock sells for $40 per share. Now Benjamin announces a two-for-one split. Immediately after the split, how many shares will you have?
a. 200 shares
b. 400 shares
c. 325 shares
d. 150 shares
e. 100 shares
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