In September, the board of directors of Chaparral Steel approved a 2-for-1 stock split. After the split,

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In September, the board of directors of Chaparral Steel approved a 2-for-1 stock split. After the split, how many shares of Chaparral Steel stock will an investor have if she or he owned 400 shares before the split?

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Focus On Personal Finance

ISBN: 9780077861742

5th Edition

Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart

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Question Posted: Nov 20, 2018 12:28 PM

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In September, the board of directors of Chaparral Steel approved a 2-for-1 stock split. After the split,

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Focus On Personal Finance

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