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Home Q & A Board Other Fields Homework Help Business Management
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stranahan stranahan
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7 years ago
Which of the following statements is NOT true?
A) After a straight stock split, the equity value of the company increases because there are now more shares to trade.
B) A reverse split is often taken to engineer a stock's price up into the preferred trading range.
C) A straight stock split is often taken to engineer a stock's price down into the preferred trading range.
D) Researchers have found that after a straight stock split, companies generally tend to move into the preferred trading range of $20 to $40 a share.
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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crackerspoppycrackerspoppy
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7 years ago
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stranahan Author
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#2
7 years ago
Thank you for  the help. I had a few questions on a few of them and this really confirmed my answers.
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