Grullon Co

question 21

Multiple Choice

Grullon Co.is considering a 7-for-3 stock split.The current stock price is $75.00 per share, and the firm believes that its total market value would increase by 5% as a result of the improved liquidity that it thinks would follow the split.What is the stock's expected price following the split?

• A)$32.06
• B)$33.75
• C)$35.44
• D)$37.21
• E)$39.07

---

Definitions:

Education

The process of receiving or giving systematic instruction, especially at a school or university.

Relaxation

A state of reduced tension and stress, often achieved through specific techniques or activities.

Exercise

Engaging in planned, structured, and repetitive physical activities aimed at enhancing or maintaining one's physical condition and overall wellness.

Births

The act or process of bearing or bringing forth offspring from the womb.