Question: When a company declares a 3-for-1 stock split, the number of outstanding shares Multiple Choice is tripled compared to the number of shares that were

When a company declares a 3-for-1 stock split, the number of outstanding shares Multiple Choice is tripled compared to the number of shares that were outstanding prior to the split stays the same, but the number of issued shares triples. is reduced, and the number of issued shares is reduced to one-third of the original issued shares. is reduced, and the number of issued shares is tripled

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