Which of the following should lead to a lower share price: (as the result of a mechanical effect, not due to signaling) 1. firm does a stock split 2. firm pays dividends 3. firm repurchases shares 4. firm issues shares 5. firm issues debt 6. firm makes an acquisition at a fair price, with negligible syner 2, 3 1,2,3,5 1,2 2,3,5 5. firm issues debt 6. firm makes an acquisition at a fair price, with negligible synergies 2,3 1,2,3,5 1,2 2,3,5 1,2,3 1,2,3,4,5,6 2,3,5,6