Reverse stock splits reduce the number of shares outstanding, and thus have which of the following effects on stock price? a. A reverse split reduces the number of shares outstanding, and thus reduces share price. b. A reverse split reduces the number of shares outstanding in proportion to the debt outstanding and thus increases share price. c. A reverse split reduces the number of shares outstanding, and increases share price. d. A reverse split has no effect on the number shares outstanding and thus no effect on share price.