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Business, 20.08.2021 01:00 babyari18

Innovative Technologies has 46,000 shares of stock outstanding at a market price of $6 a share. Which one of the following stock splits should the firm declare if it wants to increase the stock price to exactly $16 a share? Ignore any taxes or market imperfections. a) 5-for-2 stock split
b) 3-for-1 stock split
c) 1-for-3-reverse stock split
d) 2-for-5 reverse stock split
e) 3-for-8 reverse stock split

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