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

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

 

 

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