Question
A company's stock currently sells for $8 a share. What type of stock split does the firm need to do if it wants to increase
A company's stock currently sells for $8 a share. What type of stock split does the firm need to do if it wants to increase the price so that it trades around $40 a share?
| 1-for-5 reverse stock split | ||
| 1-for-4 reverse stock split | ||
| 1-for-2 reverse stock split | ||
| 5-for-1 stock split | ||
| 1-for-5 stock split |
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Foundations Of Financial Markets And Institutions
Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones
4th Edition
0136135315, 978-0136135319
