Question: GalaxyPlus Corporation recently declared a three-for-one stock split. Before the split the stock was worth $100 per share. If you owned 100 shares before the
GalaxyPlus Corporation recently declared a three-for-one stock split. Before the split the stock was worth $100 per share. If you owned 100 shares before the split occurred, how many shares do you now own and at what price? Question 24 Answer a. 200; $50 b. 200; $33 c. 300; $33 d. 300; $50
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