A 2-For-1 Stock Split Increases the Par Value Per Share

question 121

True/False

A 2-for-1 stock split increases the par value per share.

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Definitions:

Interest

The cost of borrowing money or the return on investment capital, usually expressed as a yearly percentage.

Credit Card

A small plastic or metal card issued by a bank that allows the holder to purchase goods or services on credit.

Rate Of Interest

The percentage charged on a loan or paid on an investment over a specific period, usually annually.

Monthly Payments

Regular payments made once a month, typically in the context of loans or mortgages.