15-9 You own 1,000 shares of Jennings Corp. stock, which is currently selling for $88.00.  Calculate the number of shares you would own and the stock’s market price after each of the following stock splits.  

 

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a.         A two-for-one stock split

b.         A three-for-one stock split

c.         A three-for-two stock split

d.         A three-for-four reverse stock split

e.         A five-for-three stock split

 

 

15-9 You own 1,000 shares of Jennings Corp. stock, which is currently selling for $88.00.  Calculate

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