Tangshan Mining Has 100,000 Shares Outstanding and Just Declared a 3-For-2

question 49

Multiple Choice

Tangshan Mining has 100,000 shares outstanding and just declared a 3-for-2 stock split. Before the announcement, the firm's shares were trading at $50.00 per share. After the stock dividend, the firm's shares should trade at ________ per share.

• A) $33.33
• B) $50.00
• C) $75.00
• D) none of the above

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Definitions:

Schizophrenia

A complex mental health disorder characterized by disordered thoughts, perceptions, emotions, and behaviors, affecting a person's ability to interpret reality.

Bipolar Disorders

A disorder in mental health, identified by significant shifts in mood, spanning from manic or hypomanic highs to depressive lows.

Pancultural

Pertaining to features or elements that are common across all cultures.

Automatism

Involuntary or unconscious actions or behaviors without conscious control or intention.