A company is undertaking a 2-for-1 stock split.  Which of the following is most likely to be true?

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter26: Mergers And Corporate Control
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A company is undertaking a 2-for-1 stock split.  Which of the following is most likely to be true? (choose the single best response)
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Shareholder value will double after the split.
Before the split, the price range of the stock was around $25 per share.
The company is Berkshire-Hathaway.
The shares will be converted to bonds.
Before the split, the price range of the stock was around $200 per share.
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