A company's stock currently sells for $8 a share. What type of stock split does...

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Accounting

A company's stock currently sells for $8 a share. What type of stock split does the firm need to do if it wants to increase the price so that it trades around $40 a share?

1-for-5 reverse stock split

1-for-4 reverse stock split

1-for-2 reverse stock split

5-for-1 stock split

1-for-5 stock split

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