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Modern Homes just declared a 4-for-3 stock split. Which of the following occurred as a result of this split? I. Number of shares outstanding increased

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Modern Homes just declared a 4-for-3 stock split. Which of the following occurred as a result of this split? I. Number of shares outstanding increased by one-third Il. Number of shares outstanding decreased by one-fourth II. Price per share increased by one-third IV. Price per share decreased by one-fourth O lonly O I and Il only O land IV only O Il and Ill only O Il and IV only

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