1. I own 1000
shares of IBM stock that pays $0.88, or about .5% dividend annually.
I heard it maysplit 2 for 1. If it does split, how many shares will I have and
what will the new dividend be? |
Number of new
shares will be:
500
1000
2000The new dividend will be:
$1.76
$0.44
$0.88 |