Question
ABC Corporation declares a 1:5 stock split. As a result of this action, the: A. market price of ABC common stock will decrease B. number
ABC Corporation declares a 1:5 stock split. As a result of this action, the:
A. market price of ABC common stock will decrease
B. number of common shares of ABC outstanding will increase
C. stock might be more appealing to institutional investors
D Price / Earnings ratio of ABC common stock will increase
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Personal Finance For Musicians
Authors: Bobby Borg
1st Edition
1538163306, 978-1538163306
