Which of the Following Statements Is NOT True

question 81

Multiple Choice

Which of the following statements is NOT true?

• A)A straight stock split is often taken to engineer a stock's price down into the preferred trading range.
• B)A reverse split is often taken to engineer a stock's price up into the preferred trading range.
• C)After a straight stock split,the equity value of the company increases because there are now more shares to trade.
• D)Researchers have found that after a straight stock split,companies generally tend to move into the preferred trading range of $20 to $40 a share.

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Definitions:

Nebuchadnezzar II

An ancient Babylonian king who ruled c. 605–562 BC, famous for his conquests and the construction projects in Babylon, including the Hanging Gardens.

Ishtar Gate

The eighth gate of the inner city of Babylon, constructed in about 575 BC by order of King Nebuchadnezzar II, famed for its blue glazed tiles and representations of animals.

Beautifying

The act of making something visually attractive or aesthetically pleasing.

Square Temple At Eshnunna

An ancient Sumerian ziggurat located in modern-day Tell Asmar, Iraq, notable for its square base and religious significance.