Question
You currently own 1,000 shares of stock in Beverly Brothers Inc.The stock currently trades at $100 a share.The company is contemplating a 5-for-1 stock split.Which
You currently own 1,000 shares of stock in Beverly Brothers Inc.The stock currently trades at $100 a share.The company is contemplating a 5-for-1 stock split.Which of the following best describes your position after the proposed stock split takes place?
You will have 1,000 shares of stock with $100 a share.
You will have 1,000 shares of stock with $20 a share.
You will have 5,000 shares of stock with $100 a share.
You will have 5,000 shares of stock with $20 a share.
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Quantitative Investment Analysis
Authors: Richard A. DeFusco, Dennis W. McLeavey, Jerald E. Pinto, David E. Runkle
3rd edition
111910422X, 978-1119104544, 1119104548, 978-1119104223
