You Own 100 Shares of Troll Brothers' Stock,which Currently Sells

question 27

Multiple Choice

You own 100 shares of Troll Brothers' stock,which currently sells for $120 a share.The company is about to declare a 2-for-1 stock split.Which of the following best describes your likely position after the split?

• 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 $600 a share.

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Definitions:

Hydrolysis

A chemical reaction in which water breaks down another compound, often splitting it into two or more substances.

Full Compensation

The financial reimbursement or payment made to cover all losses or damages incurred, restoring the affected party to their original state.

Acid-Base Imbalance

A condition in which there is an imbalance in the concentration of acids and bases in the blood, affecting the body's pH level.

Respiratory Alkalosis

A condition characterized by a decrease in carbon dioxide levels in the blood, leading to an increase in blood pH.