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The Wiley Company is planning to do a two for one stock split. The current stock price is $90 per share. If you own 20
The Wiley Company is planning to do a two for one stock split. The current stock price is $90 per share. If you own 20 shares of stock before the split, how many shares will you own after the split?
Question 63 options:
| 180 |
| 10 |
| 40 |
| 45 |
Question 64 (3 points)
Suppose you take out a 30 year, $300,000 mortgage from the bank with an annual interest rate of 5.7%. What is the principal balance at the end of the second period?
Question 64 options:
| $299,521.89 |
| $299,986.43 |
| $299,382.60 |
| $299,366.10 |
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