You Own 100 Shares of Troll Brothers Stock,which Currently Sells

question 49

Multiple Choice

You own 100 shares of Troll Brothers stock,which currently sells for $120 a share.The company is contemplating a 2-for-1 stock split.What will your position be after such a split takes place?

• A)You will have 200 shares of stock, and the stock will trade at or near $120 a share.
• B)You will have 200 shares of stock, and the stock will trade at or near $60 a share.
• C)You will have 50 shares of stock, and the stock will trade at or near $120 a share.
• D)You will have 50 shares of stock, and the stock will trade at or near $60 a share.

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