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QUESTION 10 When a firm spins off a unit, it creates new shares of stock representing the unit and distributes them to its existing shareholders.

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QUESTION 10 When a firm spins off a unit, it creates new shares of stock representing the unit and distributes them to its existing shareholders. True False QUESTION 11 Even after new stock is issued a securities firm may continue to provide advice on the timing, amount, and terms of future financing True False

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