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    Fundamentals of Financial Management
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    Exam 15: Distributions to Shareholders: Dividends and Share Repurchases
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    Becker Financial Recently Declared a 2-For-1 Stock Split
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Becker Financial Recently Declared a 2-For-1 Stock Split

Question 39

Question 39

Multiple Choice

Becker Financial recently declared a 2-for-1 stock split.Prior to the split,the stock sold for $80 per share.If the firm's total market value is unchanged by the split,what will the stock price be following the split?


A) $36.10
B) $38.00
C) $40.00
D) $42.00
E) $44.10

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