GBH Inc Is Planning on Announcing a 2-For-5 Stock Split

question 9

Multiple Choice

GBH Inc. is planning on announcing a 2-for-5 stock split. The stock is currently trading at $12 per share. Based on this information, what will be the new stock price?

• A) $4.80
• B) $5.10
• C) $27.00
• D) $30.00

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