Stock splits Personal Finance Problem Nathan Detroit owns 200 shares of Monster Beverage​ Corp., which he purchased f

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Stock splits  Personal Finance Problem   Nathan Detroit owns 200
shares of Monster Beverage​ Corp., which he purchased for
​$118 per share. Nathan read that the​ company's board of
directors voted to split the stock 5​-for-1. Just before the
stock​ split, Monster Beverage shares were trading for
​$130.19.
Answer the following questions about the impact of the
stock split on his holdings and taxes. Nathan is in the 24% federal
income tax bracket.
a.  How many shares of Monster Beverage will Nathan own after
the stock​ split?
b.   After the​ split, what do you expect the price of
Monster Beverage to​ be?
c.  Compare the total of​ Nathan's holdings before and
after the split. What do you​ find?
d.  Does Nathan experience a gain or loss on the stock as a
result of the 5​-for-1 ​split?
e.  What is​ Nathan's tax liability from
the​ event?