Stock splits are often used to:
A) Adjust the market price of a stock such that it falls within a preferred trading range.
B) Decrease the excess cash held by a firm.
C) Increase both the number of shares outstanding and the market price per share simultaneously.
D) Increase the total equity of a firm.
E) Adjust the debt-equity ratio such that it falls within a preferred range.
Correct Answer:
Verified
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