Fred jones owns 56 shares of the robust corporations stock., Ask an Expert

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Q. Can you help me with figuring out explain how to calculate split stocks? It is very confusing to me and I don't know explain how to figure this one out.

Fred Jones owns 56 shares of the Robust Corporation's stock. Robust announces a 3 for 2 stock split. Explain how many shares will Fred have after this split?

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