Multiple Choice
Nathan noticed that a company that has great potential just declared a ________ because its stock price was getting too high for the small investor to buy the stock.The company will substitute more shares for the existing shares of stock without increasing the market value of the firm.
A) dividend yield
B) stock repurchase
C) claim on income
D) stock split
E) stock splice
Correct Answer:
Verified
Correct Answer:
Verified
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