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Why would a firm split its stock? Splitting the stock increases the price of the stock as earnings per share increases. To reduce the price
Why would a firm split its stock? Splitting the stock increases the price of the stock as earnings per share increases. To reduce the price of its stock in an attempt to make it more attractive to investors. Splitting the stock means the firm raises more money by selling additional shares to investors
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Microeconomics Theory And Applications
Authors: Edgar K. Browning, Mark A. Zupan
13th Edition
1119368928, 9781119368922
