Table below is the actual history of Apple Inc. (AAPL) stock split over the years 1. If you owned 1 stock of Apple on June 15, 1987 (before the first split), how many will you own on Sep 1, 2020 (after the most recent split) 2. AAPL is currently trading at approximately $165 per share. What do you think that number would have been had there been no splits - higher or lower than $165 and apprxoimately what price Read this article about Berkshire Hathway's philosophy on stock split. https://www.investopedia.com/ask/answers/021615/why-doesnt-warren-buffett-split-berkshire-hathaway-stock.asp 3. What is the current trading price of the share quoted in the article above? (Go to CNBC.com and find the most recent trading price of the share quoted in the article (note that there are many classes of shares, you want to find the correct one) Date Ratio Aug. 31, 2020 4:1 Jun. 09, 2014 7:1 Feb. 28, 2005 2:1 Jun. 21, 2000 2:1 Jun. 16, 1987 2:1
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Table below is the actual history of Apple Inc. (AAPL) stock split over the years
1. If you owned 1 stock of Apple on June 15, 1987 (before the first split), how many will you own on Sep 1, 2020 (after the most recent split)
2. AAPL is currently trading at approximately $165 per share. What do you think that number would have been had there been no splits - higher or lower than $165 and apprxoimately what price
Read this article about Berkshire Hathway's philosophy on stock split. https://www.investopedia.com/ask/answers/021615/why-doesnt-warren-buffett-split-berkshire-hathaway-stock.asp
3. What is the current trading price of the share quoted in the article above? (Go to CNBC.com and find the most recent trading price of the share quoted in the article (note that there are many classes of shares, you want to find the correct one)
Date | Ratio |
---|---|
Aug. 31, 2020 | 4:1 |
Jun. 09, 2014 | 7:1 |
Feb. 28, 2005 | 2:1 |
Jun. 21, 2000 | 2:1 |
Jun. 16, 1987 | 2:1 |
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