What Was the Market Price of a Share of Stock

question 118

Multiple Choice

What was the market price of a share of stock before a rights issue if one share of new stock could be purchased at $100 for every four shares that were previously owned? The stock price after the successful rights issue was $200.

• A) $150
• B) $225
• C) $241
• D) $250

---

Definitions:

Trimmed

The removal of excess parts or edges to improve appearance, function, or efficiency; often used in the context of data, landscaping, or grooming.

Environmental Conservation

involves efforts to protect, preserve, and restore the natural environment from damage or degradation.

Undersea Life

Refers to the varieties of organisms and habitats found beneath the surface of the oceans and seas.

Deviation Bar Chart

Deviation bar chart is a type of bar graph that displays data in relation to a central value, illustrating differences or variations from the norm.