You Currently Own 100 Shares of Stock in Beverly Brothers

question 11

Multiple Choice

You currently own 100 shares of stock in Beverly Brothers Inc. The stock currently trades at $120 a share. The company is contemplating a 2-for-1 stock split. Which of the following best describes your position after the proposed stock split takes place?

• A) You will have 200 shares of stock, and the stock will trade at or near $120 a share.
• B) You will have 200 shares of stock, and the stock will trade at or near $60 a share.
• C) You will have 100 shares of stock, and the stock will trade at or near $60 a share.
• D) You will have 50 shares of stock, and the stock will trade at or near $120 a share.
• E) You will have 50 shares of stock, and the stock will trade at or near $60 a share.

---

Definitions:

Habitat Corridors

Strips of natural habitat that connect separated populations, allowing animals and plants to move between areas for feeding, mating, and dispersal.

In Situ Conservation

The practice of conserving biological diversity in the natural habitats where species naturally occur.

Ex Situ Conservation

The strategy of preserving endangered species or genetic materials outside their natural habitats, such as in zoos, seed banks, or aquariums.

CFC

Chlorofluorocarbons, compounds containing carbon, chlorine, and fluorine, known for their role in ozone depletion.