Question
Tom owns 10% of Simon Inc. stock. The stock sold for $80 per share before a planned 2-for-1 stock split. Before the split, there were
Tom owns 10% of Simon Inc. stock. The stock sold for $80 per share before a planned 2-for-1 stock split. Before the split, there were 320,000 shares outstanding. How many shares of stock will you own after the stock split?
Group of answer choices
16,000
48,000
32,000
64,000
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Fundamentals Of Healthcare Finance
Authors: Paula H. Song, Kristin L. Reiter
4th Edition
1640553223, 978-1640553224
