Genie Corporation Recently Declared a Three-For-One Stock Split

question 308

Multiple Choice

Genie Corporation recently declared a three-for-one stock split.Before the split the stock was worth $100 per share.If you owned 100 shares before the split occurred,you now own ____ shares worth approximately ____ per share.

• A)200; $33
• B)200; $50
• C)300; $50
• D)300; $33

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Definitions:

Teaching Method

The systematic way or strategy used by educators to facilitate learning among students.

Confounding Variable

A factor other than the independent variable that might produce an effect in an experimental study, potentially misleading the results.

Experimental Design

The plan for a research study that includes the method for allocating participants to groups and the procedures for measuring the variables of interest.

Stimulus

An external factor or event that provokes a response or reaction, typically in a biological, psychological, or social context.