When a Corporation Completes a 3-For-1 Stock Split

question 22

Multiple Choice

When a corporation completes a 3-for-1 stock split

• A) the ownership interest of current stockholders is decreased
• B) the market price per share of the stock is decreased
• C) the par value per share is decreased
• D) b and c

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Definitions:

Mnemonist

An individual with the ability to remember an unusually large amount of information, often in great detail.

Repressed Memory Syndrome

A controversial hypothesis suggesting that individuals may suppress memories of traumatic events, which can then be recovered through therapy.

Tip-Of-The-Tongue Aphasia

A temporary inability to retrieve a word from memory, combined with a strong feeling that the word is just out of reach.

Nonsense Syllables

Meaningless sets of two or three letters that are used in memory and learning experiments.