GBH Inc Is Planning on Announcing a 5-For-2 Stock Split

question 27

Multiple Choice

GBH Inc. is planning on announcing a 5-for-2 stock split. The stock is currently trading at $90 per share. Based on this information, what will be the new stock price?

• A) $36.00
• B) $225.00
• C) $52.00
• D) $34.00

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Definitions:

Mississippi

A state in the southern United States, known for its rich cultural heritage, the Mississippi River, and significant historical events, especially during the Civil Rights Movement.

Cajun Community

An ethnic group mainly living in Louisiana, consisting of the descendants of Acadian exiles from Canada, known for their unique language, culture, and cuisine.

British Invasion

A cultural phenomenon in the 1960s when rock and pop music acts from the United Kingdom, particularly the Beatles, became popular in the United States.

Acadians

A group of French-speaking people from the Maritime provinces of Canada, whose ancestors were deported by the British in the 18th century.