Alta Gems Stock Is Currently Trading at $36 a Share

question 65

Multiple Choice

Alta Gems stock is currently trading at $36 a share. The company believes its primary clientele can afford to spend between $2,000 and $2,500 to purchase a round lot of 100 shares. This company should consider a:

• A) reverse stock split.
• B) liquidating dividend.
• C) stock dividend.
• D) stock split.
• E) special dividend.

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Definitions:

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