On June 19, Note Quest Inc. instituted a 3-for-2 split. At that time Keisha owned 205 shares
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On June 19, Note Quest Inc. instituted a 3-for-2 split. At that time Keisha owned 205 shares of that stock. The price per share was $33.99. After the split, Keisha received a check for a fractional part of a share. What was the amount of that check?
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Example 23 of a share so her new total is 49 of a share Example 3...View the full answer
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Related Book For 
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
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