Industries' Stock Currently Sells for $120 a ShareYou Own 100

question 25

Multiple Choice

Industries' stock currently sells for $120 a shareYou own 100 shares of the stockThe company is contemplating a 2-for-1 stock split Which of the following best describes what your position will be after such a split takes place?

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

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Definitions:

Discrimination

The unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, sex, or disability.

Adaptive Value

The extent to which a trait or behavior increases the odds of survival and reproduction for an organism in its environment.

Classical Conditioning

The educational process of repeatedly combining two stimuli; a reaction that initially occurs in response to the second stimulus eventually happens in response to the first stimulus alone.

Scientific Methodology

A systematic approach to research in which a problem is identified, relevant data are gathered, a hypothesis is formulated from these data, and the hypothesis is empirically tested.