Question: A reverse stock split is defined as: Select one: a. a firm selling new shares of stock on the open market. b. an increase in

A reverse stock split is defined as: Select one: a. a firm selling new shares of stock on the open market. b. an increase in the number of shares outstanding that does not affect owners' equity. c. a decrease in the number of shares outstanding that does not affect owners' equity. d. a firm buying back existing shares of its stock on the open market. e. a decrease in both the number of shares outstanding and the price per share

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