Becker Financial Recently Completed a 7-For-2 Stock Split

question 24

Multiple Choice

Becker Financial recently completed a 7-for-2 stock split.Prior to the split, its stock sold for $90 per share.If the total market value was unchanged by the split, what was the price of the stock following the split?

• A)$23.21
• B)$24.43
• C)$25.71
• D)$27.00
• E)$28.35

---

Definitions:

Flash Memory

A type of non-volatile storage that can be electronically erased and reprogrammed, used in USB drives, SSDs, and other digital devices.

CPU

Central Processing Unit, the primary component of a computer responsible for interpreting and executing most of the commands from the computer's other hardware and software.

Memory Modules

Physical components that store digital information temporarily or permanently, such as RAM sticks or SSDs.

Expansion Cards

Interface devices that can be added to a computer to provide additional functions such as improved video, sound, or network capabilities.