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Edie's has 14,500 shares of stock outstanding with a par value of $1 per share and a market value of $5.80 a share. What type

Edie's has 14,500 shares of stock outstanding with a par value of $1 per share and a market value of $5.80 a share. What type of stock split would be best if the stocks proper trading range centers on $16 a share? Multiple Choice

Reverse stock split of three-for-one

Stock split of eleven-for-four

Reverse stock split of four-for-eleven

Reverse stock split of three-for-eight

Stock split of eight-for-three

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