Which of the following statements is CORRECT? of the equity. b. Back before the SEC was created in the 1930 s, companies would declare reverse spits in crder to boost their sock poices rowever, this win deteminad w bre a deceptive practice, and it is illegal todary. c. Stock splits create more administrative problems for investors than stock dwidends, especily determining the tax basis of ther shares af en miey soose ma wes them, so today stock dividends are used far more often than stock splits. 1 split, because then the after-split price will be higher than if the 3-tor-t split had been used. e. If a firm's stock price is quite high relative to most stodks say 5500 per share then it can dectare a stock spit of say 10 -for-1 so as 70 bring ine price anwh th somewhere around $50 per share