Your boss, the Chief Financial Officer, explains to you that while the firm's stock is currently trading at $90 per share, he feels the optimal range for the stock would be more around $25 - $35 per share. Which of the following would you recommend?
A) A 3 for 1 stock split
B) A stock repurchase of up to 60% of the shares
C) A reverse stock split of 1 share for every 3 shares
Correct Answer:
Verified
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