A Corporation Has 50,000 Shares of $28 Par Stock Outstanding

question 129

Multiple Choice

A corporation has 50,000 shares of $28 par stock outstanding that has a current market value of $150 per share. If the corporation issues a 4-for-1 stock split, the market value of the stock will fall to approximately

• A) $7.00
• B) $112.00
• C) $37.50
• D) $600.00

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Definitions:

Classical Conditioning

A process of education where two stimuli are persistently paired together; a reaction initially brought about by the second stimulus is eventually brought about by the first stimulus alone.

Tone

In psychology, often refers to the general attitude or underlying emotional quality of a communication or environment.

Stimulus Generalization

The tendency for a response that has been conditioned to one stimulus to be elicited by similar, but not identical, stimuli.

Bee Sting

An injury caused by the sting of a bee, injecting venom that can cause pain, swelling, and in some cases, allergic reactions.