If you owned 636 shares of Exxon/Mobil and they were worth $68.22 and they announced a stock split of 7-for-2. How many shares would you have after the stock split and how much would those shares be worth? -How much are your shares worth before the stock split?
-How many shares of stock do you have after the stock split?
-How much is each of the shares worth after the stock split?
-How much are your new shares worth at their new market price?