A Stock Currently Sells for $8

question 84

Multiple Choice

A stock currently sells for $8.40 a share.What type of stock split does the firm need to do if it wants to increase the price so that it trades around $25 a share?

• A)2-for-5 reverse stock split
• B)1-for-3 reverse stock split
• C)2-for-3 reverse stock split
• D)5-for-2 stock split
• E)3-for-1 stock split

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Definitions:

Norepinephrine

Norepinephrine is a neurotransmitter and hormone involved in arousal and the fight-or-flight response, affecting attention and responding actions.

Manic Phase

A period characterized by abnormally elevated mood, energy, and activity levels, often seen in bipolar disorder.

Bipolar Disorder

A mental health condition characterized by extreme mood swings that include emotional highs (mania or hypomania) and lows (depression).

Overactive

Excessively active, which can refer to behavior, a body part, or a process within the body.