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QUESTION
stellar technologies has $48,000 shares of stock outstanding at a market price of $6 a share.
stellar technologies has $48,000 shares of stock outstanding at a market price of $6 a share. Which one of the following stock splits should the firm declare if it wants to increase the stock price to exactly $20 a share? Igonore any taxes or market imperfections.a- 10-for-3 stock splitb-3-for-1 stock splitc- 1-for-3 reverse stock splitd- 2-for-7 reverse stock splite- 3-for-10 reverse stock split
stellar technologies has $48,000 shares of stock outstanding at a market price of $6 a share. Which one of the following stock splits should thefirm declare if it wants to increase the stock price...