Question Management of the Crane Company has just declared a 3-for-1 stock split. If you own 16,200 shares before the split, how many shares will you own after the split? Number of shares owned after the stock split ( )shares What if it were a 1-for-3 reverse stock split? Number of shares owned after the 1-for-3 reverse stock split ( )shares
Question
Management of the Crane Company has just declared a 3-for-1 stock split.
If you own 16,200
shares before the split, how many shares will you own after the split?
Number of shares owned after the stock split ( )shares
What if it were a 1-for-3 reverse stock split?
Number of shares owned after the 1-for-3 reverse stock split ( )shares
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