Which of the following statements is not true about a 2-for-1 split? a. Par value per share is reduced to half of what it was before the split. b. The market price will probably decrease. c. Total contributed capital increases. d. A stockholder with 10 shares before the split owns 20 shares after the split.
Added by Rodney C.
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In a 2-for-1 stock split, each existing share is divided into two shares, effectively doubling the number of shares outstanding. Show more…
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