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Companies sometimes consider stock splits to bring down the price so that the stock attracts more purchase. Consider the case of mainway toys co: Mainway

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Companies sometimes consider stock splits to bring down the price so that the stock attracts more purchase. Consider the case of mainway toys co: Mainway toys co. currently has 25,000 shares of common stock outstanding. Its management believes that its current stock price of $95 per share is too high. The company is planning to conduct stock splits in the ratio of 2 for 1 as described in the animation

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