Question: When a firm implements a stock split, what effect does the split have on the earnings per share (EPS) of the firm? a. EPS will
When a firm implements a stock split, what effect does the split have on the earnings per share (EPS) of the firm?
| a. | EPS will fall initially before rising to the old level. | |
| b. | EPS will rise initially before dropping. | |
| c. | EPS will remain the same. | |
| d. | EPS will rise. | |
| e. | EPS will fall. |
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