All of the Following Statements Are True About a 3-For-1

question 31

Multiple Choice

All of the following statements are true about a 3-for-1 split, except:

• A) Total contributed capital increases.
• B) The market price will probably decrease.
• C) Par value per share is reduced to one-third of what it was before the split.
• D) A stockholder with twenty shares before the split owns sixty shares after the split.

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