Question: Fin 315 Practice Problems: Siock Splits Suppose that you rurchased 100 shares of Blucora (BCOR) common stock 20 years ags for $50. 00 per share
Fin 315 Practice Problems: Siock Splits Suppose that you rurchased 100 shares of Blucora (BCOR) common stock 20 years ags for $50. 00 per share (excluting commission). Sibee then they have had four stock splits: 2:1. 2:1,2:1, and 1:10. They are currently selling for 520.50 per share, and you haven't sold any of your shares. 1. How many shares of stock are now in the account? Answer: 80 shares of BCOR 2. What is the split-adjusted price that you paid for the stock? Answer: $ per share 3. What is your return on the Blucora stock? (Calculate it both ways. That is, find the refurn using total dollar amounts and find the retum using the split-adjusted price.) Answer: The return is % 4. What is the Average Annual Return on the stock
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