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Trava [24]
3 years ago
13

Seth owns 150 shares of stock with a basis of $1,800 at $12 per share. The stock splits three for one. How many shares does he n

ow own, and what is his basis per share
Business
1 answer:
lorasvet [3.4K]3 years ago
3 0

Answer:

Explanation:

new share = 150*3 =450

12/3 $ - new basis

$4 is the new basis

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