2. A major objective of a stock split is to

1. reduce the market price per share.
2. increase the market price per share.
3. discourage short-term investors.
4. encourage long-term investors.

3. Warren Buffet has never declared a split on Berkshire Hathaway's Class A stock because he believes

1. doing so would ruin the company image.
2. high-priced stock attracts more sophisticated investors.
3. the taxes would be outrageously high.
4. all of the above.