Usurp Corp., an Internet service provider, has prospered during the past seven years, and recently the company's

Question:

Usurp Corp., an Internet service provider, has prospered during the past seven years, and recently the company's share price has shot up to $244.00. Usurp's management wishes to decrease the share price to the range of $116.00 to $124.00, which will be attractive to more investors. Should the company issue a 100-percent stock or split the stock? Why? If you propose a stock split, state the split ratio that will accomplish the company's objective. Show your computations.
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...