You Purchased 100 Shares of Quantex at $150 Per Share

question 31

Multiple Choice

You purchased 100 shares of Quantex at $150 per share for a total investment of $15,000.After your purchase the stock had a 3 for 1 split.How many shares do you now own and how much is your original investment now worth?

• A)100 shares and $150 dollars
• B)300 shares and $15,000 dollars
• C)100 shares and $45,000 dollars
• D)300 shares and $45,000 dollars

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