CFA Practice Question

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CFA Practice Question

SuperKleen Mops plans to split its stock two-for-one. Which of the following most likely will NOT occur?

A. price per share will fall by half.
B. the number of shares owned by each individual investor will double.
C. par value per share will be reduced by half.
D. total shareholders' equity will fall by half.
E. the number of shares outstanding will double.
Correct Answer: D

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