Author Question: Kayla owns 200 shares of Blackwood common stock valued at $330 a share. Blackwood has declared a ... (Read 196 times)

vowens · **on:** Mar 29, 2022

Question 1

Assume the Plum Corporation has two different issues of common stock. One issue carries voting rights, and the other issue does not. In this situation, Plum is said to have issued
◦ buy-back stock.
◦ treasury stock.
◦ OTC stock.
◦ classified stock.

Question 2

Kayla owns 200 shares of Blackwood common stock valued at $330 a share. Blackwood has declared a 3-for-2 stock split effective tomorrow. After the split, Kayla will own
◦ 600 shares valued at about $220 a share.
◦ 133 shares valued at about $495 a share.
◦ 600 shares valued at about $$110 a share.
◦ 300 shares valued at about $220 a share.

char00char · **Reply #1 on:** Mar 29, 2022

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