A reverse stock split is sometimes used as a means of:
A) decreasing the liquidity of a stock.
B) decreasing the market value per share of stock.
C) increasing the number of stockholders.
D) keeping a firm's stock eligible for trading on a stock exchange.
E) raising cash from current stockholders.
Correct Answer:
Verified
Q24: An investor is more likely to prefer
Q25: Stock splits are often used to:
A) adjust
Q26: A one-for-four reverse stock split will:
A) increase
Q27: A small stock dividend is defined as
Q28: A stock split:
A) increases the total value
Q30: Which of the following may tend to
Q31: The information content of a dividend increase
Q33: If you ignore taxes and transaction costs,a
Q34: Wydex,Inc. stock is currently trading at $82
Q40: Financial managers:
A)are reluctant to cut dividends.
B)tend to
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