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Kennesaw Dynamics Corp. has excellent growth prospects. The firm wishes to do something to acknowledge the loyalty of the shareholders but needs all of its
Kennesaw Dynamics Corp. has excellent growth prospects. The firm wishes to do something to acknowledge the loyalty of the shareholders but needs all of its available cash to fund the firm's rapid growth. The market price of the stock is currently trading at the upper end of its preferred trading range. The firm is most apt to consider which one of the following?
Stock split
Reverse stock split
Small stock dividend
Liquidating dividend
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