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Which of the following is true with regard to a 3-for-2 stock split? A. The proportion of the company that each stockholder owns increases B.

Which of the following is true with regard to a 3-for-2 stock split?

A.

The proportion of the company that each stockholder owns increases

B.

Par value decreases

C.

The market price per share increases by roughly 50%

D.

Total stockholder equity increases

E.

Retained earnings is decreased

Also: What is the par value of a share of Pfizers preferred stock? (need to refer to their annual report from 2019)

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