If Instead of a Stock Dividend, Your Firm Decided to Split

question 97

Multiple Choice

If instead of a stock dividend, your firm decided to split the stock 2-1, then the number of shares outstanding and their par value per share would be

• A) 1 million; $4.
• B) 1 million; $8.
• C) 2 million; $2.
• D) 2 million; $4.

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Definitions:

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