roxannejosey5214 roxannejosey5214

07-02-2020
Business

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Seth owns 150 shares of stock with a basis of $1,800 at $12 per share. The stock splits three for one. How many shares does he now own, and what is his basis per share

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muratkhanmoldir00 muratkhanmoldir00

09-02-2020

Answer:

Explanation:

new share = 150*3 =450

12/3 $ - new basis

$4 is the new basis

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