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You own 200 shares of High Level stock, which currently sells for $100 a share. The company is contemplating a 2-for-1 stock split. What will
You own 200 shares of High Level stock, which currently sells for $100 a share. The company is contemplating a 2-for-1 stock split. What will your position be after such a split takes place? a. You will have 100 shares of stock, and the stock will trade at or near $50 a share. b. You will have 400 shares of stock, and the stock will trade at or near $50 a share. c. You will have 200 shares of stock, and the stock will trade at or near $200 a share. d. You will have 100 shares of stock, and the stock will trade at or near $100 a share.
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