GBH Inc Is Planning on Announcing a 7-For-3 Stock Split

question 62

Multiple Choice

GBH Inc. is planning on announcing a 7-for-3 stock split. The stock is currently trading at $119 per share. Based on this information, what will be the new stock price?

• A) $62.67
• B) $51.00
• C) $277.67
• D) $39.17

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