A Two for One Stock Split Causes the Divisor in a Price-Weighted

question 55

True/False

A two for one stock split causes the divisor in a price-weighted series to decline.

---

Definitions:

Material Alteration

A significant change to a document that affects the rights and obligations of the parties involved.

Cisg

The United Nations Convention on Contracts for the International Sale of Goods, a treaty that establishes a uniform framework for international commerce.

Merchant

An individual or company engaged in the buying and selling of goods, especially on a large scale or with international trade.

Article 2

Part of the Uniform Commercial Code that governs the sale of goods in the United States.