Find the value of x. Round to the nearest tenth.
2 answers:
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A 3-for-1 stock split means that the number of shares is multiplied by 3,
and becomes 900 shares.
Cost of one share before split:
Cost of one share after split:
Cost of 100 shares before split:
Cost of 100 shares after split:
The above sale result in loss of:
and becomes 900 shares.
Cost of one share before split:
Cost of one share after split:
Cost of 100 shares before split:
Cost of 100 shares after split:
The above sale result in loss of: