if-a-stock-with-a-par-value-of-200-undergoes-a-3-for-1-stock-split-what-is-the-n

Question

If a stock with a par value of $2.00 undergoes a 3 for 1 stock split, what is the new par value per share?

Accepted Answer

$0.67

Answer

$2.00

Answer

$1.00

Answer

$3.00

If a stock with a par value of \$2.00 undergoes a 3 for 1 stock split, what is the new par value per share?