A Firm Wants to Maintain a Minimum Stock Price of $15

question 6

Multiple Choice

A firm wants to maintain a minimum stock price of $15 a share.Due to a recent market downturn,the stock is currently selling for $6 a share.The firm should consider a:

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

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Definitions:

Ordinary People

Refers to the general populace or individuals who are not distinguished by exceptional attributes.

Rigid

Lacking flexibility; unable to adapt or change one’s thoughts, behaviors, or attitudes despite changing circumstances or evidence.

Uncompromising

Not willing to grant concessions or negotiate; inflexible.

Relationships Among Constructs

The ways in which theoretical concepts or variables are associated with one another within a research or theoretical framework.