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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