In a Three-For-Two Stock Split for a Company That Previously

question 61

Multiple Choice

In a three-for-two stock split for a company that previously had 1 million shares outstanding selling at $100 per share and a total market value of $100 million, which of the following is true?

• A) The number of outstanding shares will drop to 666,666, and the stock price will increase to $150.
• B) The number of outstanding shares will increase to 1.5 million, and the stock price will drop to $66.67.
• C) The number of outstanding shares will increase to 1.5 million, and the stock price will rise to $133.33.
• D)The market value of the firm will increase by 50%.

Comprehend the importance of differentiating between biology and genetics in the study of personality.

Understand the typical motor development milestones from birth to 30 months.

Identify the age at which children typically develop specific motor skills.

Distinguish between the development of fine and gross motor skills over the first 30 months.

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Definitions:

Compounded Monthly

A method of calculating interest where the interest earned each month is added to the principal, thus earning interest in subsequent months.

RRSP

Registered Retirement Savings Plan, a Canadian account for holding savings and investment assets with tax benefits for retirement.

Deposits

Funds placed into an account at a financial institution for safekeeping or to earn interest.

Compounded Monthly

An interest calculation method where interest is added to the principal balance on a monthly basis, resulting in interest being earned on top of interest.