VGG, Inc. declares a 2-for-5 stock split. The stock currently sells for $4 a share. A shareholder OA 2500 shares valued at about $1.60 a share. B. 440 shares valued at about $1.60 a share. OC. 250 shares valued at about $11.60 a share. OD. 400 shares valued at about $10.00 a share.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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VGG, Inc. declares a 2-for-5 stock split. The stock currently sells for $4 a share. A shareholder who owned 1000 shares of VGG stock prior to the split will now own
OA. 2500 shares valued at about $1.60 a share.
OB. 440 shares valued at about $1.60 a share.
OC. 250 shares valued at about $11.60 a share.
OD. 400 shares valued at about $10.00 a share.
Transcribed Image Text:VGG, Inc. declares a 2-for-5 stock split. The stock currently sells for $4 a share. A shareholder who owned 1000 shares of VGG stock prior to the split will now own OA. 2500 shares valued at about $1.60 a share. OB. 440 shares valued at about $1.60 a share. OC. 250 shares valued at about $11.60 a share. OD. 400 shares valued at about $10.00 a share.
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