If you own 100 shares in a company that announces a 2-for-1 stock split (with no other announcement), you should
a. be happy because your investment has doubled.
b. be happy because you will be receiving cash from your investment as a result of the split.
c. be sad because the value of your investment will decline because of the split.
d. be indifferent because the overall value of your investment has not changed.
d
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__________ refers to the field of management that specializes in the physical production of goods or services.
Fill in the blank(s) with the appropriate word(s).
A ________ is a group of states that have reduced or eliminated tariffs among themselves but that maintain their own individual tariffs in dealing with other states
A. customs union B. free trade area C. Harmonized System D. Wassenaar Arrangement
A _______________________________ clause defines the workers' obligations to pay dues and union membership rules (e.g., mandatory or voluntary).
Fill in the blank(s) with the appropriate word(s).
The risk-free rate is 5 percent and the market risk premium is 8 percent. Stock Y's beta is 1.85 and the standard deviation of its returns is 62.5 percent. What should be the stock's expected rate of return for the stock price to be considered in equilibrium?
A. 10.55% B. 12.82% C. 15.54% D. 14.80% E. 19.80%