A stock has a normal trading range of $22 to $30. The stock is currently selling at $41 a share. It would be common for a firm in this situation to:

Multiple Choice

• Repurchase outstanding shares by issuing debt securities.

• Do a reverse stock split to lower the market price of the stock.

• Issue a one-time special dividend.

• Increase the number of outstanding shares via a stock split.

• Issue a liquidating dividend to lower the value of the firm.