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Stellar Technologies has 48,000 shares of stock outstanding at a market price of $6 a share. Which one of the following stock splits should the
Stellar Technologies has 48,000 shares of stock outstanding at a market price of $6 a share. Which one of the following stock splits should the firm declare if it wants to increase the stock price to exactly $20 a share? Ignore any taxes or market imperfections.
10-for-3 stock split
1-for-3-reverse stock split
3-for-10 reverse stock split
3-for-1 stock split
2-for-7 reverse stock split
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