Post Utme Achievers University 2022 Commerce Question 24

Practice objective / multiple choice question 24 from the 2022 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2022 Commerce Objective / Multiple Choice
Question 24 POST_UTME_ACHIEVERS_UNIVERSITY • 2022 • COMMERCE • objective

A company's stock is currently trading at ₦120 per share. If the company announces a 5% stock split, what is the expected price of the stock after the split?

Answer Options

A. ₦60
B. ₦80
Correct Answer C. ₦100
D. ₦120
Correct Answer
C
Correct Option:
₦100

About This Question

This is Post Utme Achievers University 2022 Commerce Question 24. It is one of the objective questions from the 2022 Post Utme Achievers University Commerce examination.

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