Question
TLC Companys share price is getting a little high at $163.00 and TLC would like for it to be within the popular trading range of
- TLC Companys share price is getting a little high at $163.00 and TLC would like for it to be within the popular trading range of $20-50, so the CFO has suggested a stock split (forward split) of 7-2. Before the split, Amy owns 275 shares of TLC.
What is Amys investment in TLC BEFORE the split? ______________________
How many shares will Amy have AFTER the split? ___________________
What will each share be worth AFTER the split? _________________
What will be the total value of Amys investment in TLC AFTER the split? __________________
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Free Dollar For College For Dummies
Authors: David Rosen, Caryn Mladen
1st Edition
0764554670, 978-0764554674
