Coombs Corp

question 60

Multiple Choice

Coombs Corp.declared a two-for-one stock split.Solly Fogarty owned 500 shares of Coombs that were trading for $20 each before the split.Which of the following is likely to be true after the split?

• A)The number of shares Solly owns will increase by 50%.
• B)The market price per share will drop by 50%.
• C)The total market value of Solly's shares will double.
• D)The market price per share will increase by 100%.

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Definitions:

Stunting

Impaired growth and development that children experience from poor nutrition, repeated infection, and inadequate psychosocial stimulation.

Malnutrition

A state of health issues arising from consuming a diet lacking in or overly abundant in essential nutrients.

Gene Pair

Two alleles located on corresponding positions of a pair of chromosomes that determine a specific genetic trait.

Chromosomes

Structures within cells that contain DNA and carry genetic information critical for the development, function, and reproduction of organisms.