Post Utme Futa 2023 Commerce Question 22

Practice objective / multiple choice question 22 from the 2023 Post Utme Futa Commerce examination.

Post Utme Futa 2023 Commerce Objective / Multiple Choice
Question 22 POST_UTME_FUTA • 2023 • COMMERCE • objective

A company's stock is currently trading at ₦120 per share. If the company announces a 2-for-1 stock split, what will be the new stock price?

Answer Options

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

About This Question

This is Post Utme Futa 2023 Commerce Question 22. It is one of the objective questions from the 2023 Post Utme Futa Commerce examination.

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