The Stock in Your Portfolio Was Selling for $40 Per

question 54

Multiple Choice

The stock in your portfolio was selling for $40 per share yesterday,but has today declared a three-for-two split.Which of the following statements seems to be true?

• A) There will be two-thirds as many shares outstanding, and they will sell for $60.00 each.
• B) There will be four times as many shares outstanding, and they will sell for $160.00 each.
• C) There will be 50% more shares outstanding, and they will sell for $26.67 each.
• D) There will be one-and-one-half times as many shares outstanding, and they will sell for $60.00 each.

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Definitions:

Empathy

Reacting to another person’s emotional state by experiencing the same emotional state.

Hypothesis

a proposed explanation for a phenomenon, made as a starting point for further investigation, which can be tested through experimentation or observation.

Accomplices

Individuals who knowingly and voluntarily participate in the commission of a crime or act, aiding the primary actors.

Quasi-Experimental

A research design that closely resembles an experimental study but lacks the element of random assignment to treatment or control groups, making it less able to definitively establish cause-and-effect relationships.