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Which one of the following is a false statement about stock split? (A) Stock splits increase investor's wealth (B) The primary motivation is to reduce

Which one of the following is a false statement about stock split?

(A) Stock splits increase investor's wealth

(B) The primary motivation is to reduce the price of shares to bring it into an optimal trading range

(C) A stock split means a corporate action in which a company divides its existent shares into multiple shares

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