PERSONAL FINANCE >LL< W CONNECT
PERSONAL FINANCE >LL< W CONNECT
11th Edition
ISBN: 9781259891557
Author: Kapoor
Publisher: MCG
Question
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Chapter 14, Problem 14.1PQ3
Summary Introduction

To determine:

The reasons for stock split by corporations and if it is good or bad for investors.

Introduction: When a corporation increases the number of its outstanding shares which lowers the selling price of the shares in direct proportion it is known as stock split.

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