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You currently own 1 share of stock in Berkshire Hathaway Inc. The stock currently trades at $295,000 a share. The company is contemplating a 1000-for-1

You currently own 1 share of stock in Berkshire Hathaway Inc. The stock currently trades at $295,000 a share. The company is contemplating a 1000-for-1 stock split. Which of the following best describes your position after the proposed stock split takes place?

You will have 1 share of stock with $295,000 a share.

You will have 1 share of stock with $295.0 a share.

You will have 1,000 shares of stock with $295,000 a share.

You will have 1,000 shares of stock with $295.0 a share.

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