A Company Wants to Maintain a Stock Price Around $16

question 97

Multiple Choice

A company wants to maintain a stock price around $16 a share. Due to a recent market downturn, the stock is currently selling for $6 a share. The company should consider a ________ stock split.

• A) 3-for-1
• B) 4-for-1
• C) 1-for-3 reverse
• D) 1-for-4 reverse
• E) 1-for-5 reverse

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