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When a firm implements a stock split, what effect does the split have on the earnings per share (EPS) of the firm? a. EPS will
When a firm implements a stock split, what effect does the split have on the earnings per share (EPS) of the firm?
a. | EPS will fall initially before rising to the old level. | |
b. | EPS will rise initially before dropping. | |
c. | EPS will remain the same. | |
d. | EPS will rise. | |
e. | EPS will fall. |
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