Multiple Choice
Sunshine Corp. announced a 2-for-1 stock split of its common stock, which currently is selling for $10 per share. Currently, 200,000 shares of stock are outstanding. What should be the market price per share of the stock immediately after the split is initiated?
A) $10
B) $15
C) $5
D) $20
E) $50
Correct Answer:
Verified
Correct Answer:
Verified
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