Which One of the Following Statements Is Correct About Investors

Which one of the following statements is correct about investors in Ajax Industries, which has just announced a three-for-one stock split?

A) Investors will triple their wealth after the split.
B) Investors' wealth will fall by two-thirds after the split.
C) Percentage of ownership increases for the investors.
D) Earnings per share will fall by two-thirds after the split.

Correct Answer:

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