Loiselle Graphics Recently Announced a 3-For-1 Stock Split

question 12

Multiple Choice

Loiselle Graphics recently announced a 3-for-1 stock split. Prior to the split, the company's stock was trading at $90 per share. The split had no effect on the wealth of the company's investors. What will be the new stock price?

• A) $270
• B) $ 45
• C) $180
• D) $ 60
• E) $ 30

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Definitions:

Emotion-Focused Strategies

Coping mechanisms aimed at managing or reducing the emotional distress associated with a problem without necessarily solving the problem itself.

Actions

The processes of doing something in order to achieve a particular result, often emphasizing the physical or overt aspects.

Cognitions

Mental processes involved in gaining knowledge and comprehension, including thinking, knowing, remembering, judging, and problem-solving.

Cognitive-Behavioral Intervention

A therapeutic approach that combines cognitive and behavioral techniques to modify dysfunctional emotions, behaviors, and thoughts.