15-9 You own 1,000 shares of Jennings Corp. stock, which is currently selling for $88.00. Calculate the

| January 30, 2017

Question
15-9 You own 1,000 shares of Jennings Corp. stock, which is currently selling for $88.00. Calculate the number of shares you would own and the stock’s market price after each of the following stock splits.

a. A two-for-one stock split

b. A three-for-one stock split

c. A three-for-two stock split

d. A three-for-four reverse stock split

e. A five-for-three stock split

15-9 You own 1,000 shares of Jennings Corp. stock, which is currently selling for $88.00. Calculate

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