Abby previously owned 200 shares of NEWAGE stock at $25 per share. Today the company split the stock in a 3:1 split. Now what is the value of Abby's stock?
A) $5,000
B) $6,000
C) $2,500
D) $200
Answer: A
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What will be an ideal response?
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Indicate whether the statement is true or false
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What will be an ideal response?