Question: When a corporation declares a reverse stock split, which statement is TRUE? A Each shareholder's proportionate ownership in the corporation will remain the same Each
When a corporation declares a reverse stock split, which statement is TRUE?
A
Each shareholder's proportionate ownership in the corporation will remain the same
Each shareholder's proportionate ownership in the corporation will be reduced
C
Each shareholder's proportionate ownership in the corporation will be increased
D
Institutional investors are less likely to buy the stock
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