Multiple Choice
When a firm implements a stock split, what effect does the split have on the earnings per share (EPS) of the firm?
A) EPS will rise.
B) EPS will remain the same.
C) EPS will fall.
D) EPS will rise initially before dropping.
E) EPS will fall initially before rising to the old level.
Correct Answer:
Verified
Correct Answer:
Verified
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