Vilma owns 750 shares of Aeropostale. On August 22, the corporation instituted a 3-for-2 stock split. Before

Question:

Vilma owns 750 shares of Aeropostale. On August 22, the instituted a 3-for-2 stock split. Before the split, each share was worth $34.89.
a. How many shares did Vilma hold after the split?
b. What was the post-price per share after the split?
c. Show that the split was a monetary non-event for Vilma.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...