AFB,IncStock Is Currently Selling for $20 Per Share

question 23

Multiple Choice

AFB,Inc.stock is currently selling for $20 per share.The company completed a 5-for-1 stock split two days earlier.Two years ago,the company had a 2-for-1 stock split.If the stock splits had not happened,the price of AFB,Inc.stock would,other things being equal,be

• A) $140.00 per share.
• B) $200.00 per share.
• C) $100.00 per share.
• D) $2.00 per share.

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