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10. You own 20% of Hi-tek Company stock. The stock sold for $96 per share before a planned 3-for- 2 stock split. Before the split,

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10. You own 20% of Hi-tek Company stock. The stock sold for $96 per share before a planned 3-for- 2 stock split. Before the split, there were 320,000 shares outstanding. How many shares of stock will you own after the stock split? a) 64.000 c) 42 667 e) 76,800 b) 96.000 d) 480.000

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