Question: Sheffield Corp. declared a two-for-one stock split. Sunland owned 860 shares of Sheffield that were trading for $20 each before the split. Which of the

Sheffield Corp. declared a two-for-one stock split. Sunland owned 860 shares of Sheffield that were trading for $20 each before the split. Which of the following is likely to be true after the split? The market price per share will increase by 100%. The number of shares Sunland owns will increase by 50%. The total market value of Sunland's shares will double. The market price per share will drop by 50%

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