An Investor Owns 300 Shares of Stock Currently Selling for $70

question 5

Multiple Choice

An investor owns 300 shares of stock currently selling for $70 per share.After a 3-for-2 stock split,the investor will have:

• A) 200 shares selling for $93.10 each.
• B) 200 shares selling for $105.00 each.
• C) 450 shares selling for $46.67 each.
• D) 450 shares selling for $93.10 each.

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Definitions:

Puberty

The developmental phase in which children mature sexually and physically into adults, marked by hormonal changes and growth.

Developed Countries

Nations with high levels of economic development, typically characterized by significant industrialization, a high standard of living, and advanced technological infrastructure.

Food-Insecure Families

Households that lack consistent access to enough food for every member to lead a healthy life, often due to economic hardship or instability.

Obesity

A medical condition characterized by excessive body fat that may impair health, often resulting from an imbalance between calorie intake and energy expenditure.