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

question 9

Multiple Choice

GBH Inc. is planning on announcing a 2-for-5 stock split. The stock is currently trading at $12 per share. Based on this information, what will be the new stock price?

• A) $4.80
• B) $5.10
• C) $27.00
• D) $30.00

---

Definitions:

Business Reports

Formal documents that provide analysis, evaluations, and insights regarding a company's performance, for stakeholders.

Instructional

Pertaining to or intended for instruction or teaching.

Condense

To make something dense or compact by reducing it in size or volume, often by summarizing content.

85 to 90 Percent

A numerical range expressing a portion, typically used to indicate a majority or a significant fraction of a whole.