Becker Financial Recently Declared a 2-For-1 Stock Split

question 39

Multiple Choice

Becker Financial recently declared a 2-for-1 stock split.Prior to the split,the stock sold for $80 per share.If the firm's total market value is unchanged by the split,what will the stock price be following the split?

• A)$36.10
• B)$38.00
• C)$40.00
• D)$42.00
• E)$44.10

---

Definitions:

Self-Employed

A person who works for themselves and does not receive a salary from an employer, but instead earns income directly from their business or profession.

Work Settings

Work settings refer to the physical and social environments in which individuals carry out their job duties, including the organizational culture and structural aspects.

Four Year Colleges

Institutions of higher education that typically offer undergraduate degrees after a course of study lasting four years.

Biopsychological

Biopsychological pertains to the study of how biological factors influence behaviors, thoughts, and feelings.