Principles of Managerial Finance (14th Edition) (Pearson Series in Finance)
Principles of Managerial Finance (14th Edition) (Pearson Series in Finance)
14th Edition
ISBN: 9780133507690
Author: Lawrence J. Gitman, Chad J. Zutter
Publisher: PEARSON
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Chapter 2.1, Problem 1FOP
Summary Introduction

Case summary:

In the year 1980, the investors were allowed to buy a single share from Company BH Class A stock. The growth of the shares of Company BH can be attributed to the chairman of Company BH Person WB who possess the best analytical minds in the business. The ability of Person WB to answer the ability to create the shareholder’s value is an important aspect.

To explain: Why the Company might refuse to split the shares and make them more buyable for the average investors.

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