Q&A Educational Co

question 220

Multiple Choice

Q&A Educational Co. has 56,000 shares of stock outstanding at a market price of $52 a share. The company has just announced a 5-for-4 stock split. What will the market price per share be after the
Split?

• A) $39.00
• B) $41.60
• C) $42.25
• D) $48.25
• E) $65.00

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Definitions:

Transnational Trade Groups

International organizations composed of various countries that aim to promote and facilitate trade and economic cooperation among member nations.

Trade Agreements

Bilateral or multilateral agreements between countries that regulate tariffs, import quotas, and other trade restrictions to foster economic cooperation.

Free Trade

The unobstructed trade between countries, without tariffs, quotas, or other restrictions.

Gray Market

The trade of legal goods through unauthorized distribution channels, which, while not illegal, is unofficial and may not be supported by the original manufacturer.