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wasala18 wasala18
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A reverse stock split reduces the number of shares outstanding, and thus has which of the following effects on the share price?


reduces the number of shares outstanding, and thus reduces the share price



reduces the number of shares outstanding, and thus increases the share price



has no effect on the number of shares outstanding and thus no effect on the share price



reduces the number of shares outstanding in proportion to the debt outstanding and thus increases the share price

Textbook 
 Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
Authors:
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rion20000rion20000
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