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All of the Following Statements Are True About a 3-For-1

Question 32

Multiple Choice

All of the following statements are true about a 3-for-1 split,except


A) total contributed capital increases.
B) the market price will probably decrease.
C) par value per share is reduced to one-third of what it was before the split.
D) a stockholder with 20 shares before the split owns 60 shares after the split.

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