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Which of the following statements is not true about a 2-for-1 stock split? ...

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Question

Accounting

Which of the following statements is not true about a 2-for-1 stock split?

a.

A stockholder with ten shares before the split owns twenty shares after the split.
b.

Total owners' equity increases.
c.

The market price per share probably will decrease.
d.

Par value per share is reduced to half of what it was before the split.

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