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The Board of Directors of Dean Foods Declares That Owners

Question 86

Multiple Choice

The board of directors of Dean Foods declares that owners of its stock will now have three times as many shares. This is called a


A) 30 percent stock dividend.
B) three-for-one stock split.
C) two-for-one stock split.
D) 300 percent stock dividend.
E) stock price revaluation.

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