Sierra purchased 460 shares of GHI stock for $12,236. The stock split 2 for 1. How many
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Question:
Sierra purchased 460 shares of GHI stock for $12,236. The stock split 2 for 1. How many shares does Sierra now own, and what is her basis per share?
460 shares at $13.30 per share.
460 shares at $26.60 per share.
920 shares at $13.30 per share.
690 shares at $26.60 per share.
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