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Which of the following statements is not true about a 2-for-1 stock split? a. A stockholder with ten shares before the split owns twenty shares
Which of the following statements is not true about a 2-for-1 stock split?
a. | A stockholder with ten shares before the split owns twenty shares after the split. | |
b. | Total owners' equity increases. | |
c. | The market price per share probably will decrease. | |
d. | Par value per share is reduced to half of what it was before the split. |
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