Question: Walmart Stores Inc. just declared a 2-for-1 stock split. Assuming you own 800 shares of Walmart stock that are currently selling for $76 a share,

Walmart Stores Inc. just declared a 2-for-1 stock split. Assuming you own 800 shares of Walmart stock that are currently selling for $76 a share, how many shares will you own after the split and how much should the shares be selling for in the secondary market? ANSWER Unselected 400; $152 Unselected 1,600; $38 Unselected 1,600; $76

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