1. Business
  2. Finance
  3. a stock has a normal trading range of 22 to...

Question: a stock has a normal trading range of 22 to...

Question details

A stock has a normal trading range of $22 to $30. The stock is currently selling at $141 a share. It would be common for a firm in this situation to: Select one: O a. Issue a one-time special dividend. O b. Repurchase outstanding shares by issuing debt securities. O c. Increase the number of outstanding shares via a stock split. d. Do a reverse stock split to lower the market price of the stock. e. Issue a liquidating dividend to lower the value of the firm.
Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution