2. Finance
3. you currently own 50 shares of stock in beetle brothers...

# Question: you currently own 50 shares of stock in beetle brothers...

###### Question details

You currently own 50 shares of stock in Beetle Brothers Inc. The stock currently trades at $60 a share. The company is contemplating a 1-for-2 stock split. Which of the following best describes your position after the proposed stock split takes place? Select one: a. You will have 100 shares of stock, and the stock will trade at or near$60 a share.

b. You will have 100 shares of stock, and the stock will trade at or near $120 a share. c. You will have 50 shares of stock, and the stock will trade at or near$60 a share.

d. You will have 25 shares of stock, and the stock will trade at or near $120 a share. e. You will have 25 shares of stock, and the stock will trade at or near$60 a share.