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A 2-For-1 Stock Split Will Have the Same Effect on the Number

question 57

True/False

A 2-for-1 stock split will have the same effect on the number of shares outstanding as a 200 percent stock dividend.


Definitions:

Material Addition

An amendment or addition to a contract that considerably changes the terms or obligations originally agreed upon.

UCC

Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States.

Endorsement

A signature or statement of support for a policy, idea, or candidate, or in the context of financial instruments, the act of signing over rights to another party.

Digital Cash

Money stored electronically and used in place of physical currency.

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