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You currently own 100 shares of stock in Beverly Brothers Inc. The stock currently trades...

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Finance

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You currently own 100 shares of stock in Beverly Brothers Inc. The stock currently trades at $120 a share. The company is contemplating a 2-for-1 stock split. Which of the following best describes your position after the proposed stock split takes place? O You will have 50 shares of stock and the stock will trade at or near $120 a share You will have 100 shares of stock and the stock will trade at or near $60 a share. You will have 200 shares of stock, and the stock will trade at or near 5120 a share You will have 50 shares of stock, and the stock will trade ator near $60 a share. You will have 200 shares of stock, and the stock will trade at or near $60 share

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