Multiple Choice
Which of the following statements is not true about a 2-for-1 split?
A) Par value per share is reduced to half of what it was before the split.
B) Total contributed capital increases.
C) The market price will probably decrease.
D) A stockholder with 10 shares before the split owns 20 shares after the split.
Correct Answer:
Verified
Correct Answer:
Verified
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