question archive Your Client holds 100 common shares of ABC Inc

Your Client holds 100 common shares of ABC Inc

Subject:FinancePrice: Bought3

Your Client holds 100 common shares of ABC Inc. He purchased his shares two years ago at $37 50. ABC implements a 2.1 split. Which is the correct statement reflecting this split? O A. He would own 200 shares. O B. The value of his investment in ABC would drop by 50%. O c. The price of ABC shares would rise by at least 50% of their pre-split value increasing the value of his portfolio. O D. He would own 50 shares

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