Yahoo is currently trading at $50 per share. You have 10,000 shares of Yahoo. The company is going to announce a 1-2 stock split to the public. What is the value of your stock each share after the stock split? $25 $50 $75 $100 $125

Jazlyn Nash

Jazlyn Nash

Answered question

2022-11-29

Yahoo is currently trading at $50 per share. You have 10,000 shares of Yahoo. Thecompany is going to announce a 1-2 stock split to the public. What is the value of yourstock each share after the stock split?
a. $25
b. $50
c. $75
d. $100
e. $125

Answer & Explanation

keedriddebadylSE

keedriddebadylSE

Beginner2022-11-30Added 15 answers

Guess number of shares outstanding after stock split = 10000 × 2 = 20000
value of each stock = 10000 20000 × 50 = $ 25

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