Which of the following is NOT a reason used by the market as justification for a firm that engages in a stock split?
A) The company wishes to keep their stock price in a preferred trading range.
B) The company wants to pay dividends to more shareholders.
C) The company wished to send a positive signal to the market.
D) The company wishes to increase liquidity by making their stock easier to buy.
Correct Answer:
Verified
Q92: Jameis owns 100 shares of ACME Inc.The
Q93: Stock splits and stock dividends are just
Q94: In general,stock prices continue to rise after
Q95: Round lot trading on the NYSE are
Q96: Identify and explain two reasons for reverse
Q98: Reverse splits are a technique used by
Q99: Which of the following is generally NOT
Q100: Janet owns 1000 shares of Walmart Inc.The
Q101: About 70% of announced stock repurchase plans
Q102: What is a DRIP as it applies
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents