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Reverse stock splits are frequently done for which of the following reasons? I. to lower the stock price so that it returns to its normal
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Reverse stock splits are frequently done for which of the following reasons? I. to lower the stock price so that it returns to its normal trading range II. to eliminate small shareholders III. to meet the minimum price per share requirement of a stock exchange IV. to avoid delisting
a. II, III, and IV only
b. I and III only
c. II and III only
d. I, II, III, and IV
e. III and IV only
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