Cole Inherited 2,000 Shares of JPW, Inc

question 8

Multiple Choice

Cole inherited 2,000 shares of JPW, Inc. The stock is selling in the market for $75 per share and the company is contemplating a 1-for-4 stock split. Given this information, which of the following statements is correct?

• A) Brady will have 500 shares and stock's price will be near $300.00.
• B) Brady will have 500 shares and stock's price will be near $18.75.
• C) Brady will have 8,000 shares and stock's price will be near $300.00.
• D) Brady will have 8,000 shares and stock's price will be near $18.75.

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Definitions:

Perception

The process by which individuals organize and interpret their sensory impressions to give meaning to their environment.

Perceive Objects

The cognitive process of recognizing and interpreting sensory information to understand and interact with the physical environment.

Proximity

The physical or psychological closeness between people, which often influences social relationships and interactions.

Gestalt Principle

A theory in psychology that proposes objects are viewed holistically, emphasizing the whole of anything is greater than its parts.