If stock splits generally are used after a sharp price run-up to produce a large price...
If stock splits generally are used after a sharp price run-up to produce a large price reduction.
Then which of the following statements about stock splits is correct?
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Homework Answers
c.stock splits should have no effect on a firms market value.
A stock split usually means that the par value per share is reduced, the number of shares outstanding is increased.
The stock split does not change the stockholder's equity or overall market value of the firm.
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If stock splits generally are used after a sharp price run-up to
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