Helena Corporation Declared a 2-For-1 Stock Split on 8,000 Shares

question 40

Multiple Choice

Helena Corporation declared a 2-for-1 stock split on 8,000 shares of $6 par value common stock. If the market price of the stock had been $25 a share before the split, the par value, number of shares, and approximate market value after the split would be:

• A)Option A
• B)Option B
• C)Option C
• D)Option D