When a company exchanges 200 shares of stock worth $20 each for 100 shares worth $40 each, they are using A. holding stock. B. split stock. O C. tracking stock. D. reverse stock split. O E. an LBO.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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When a company exchanges 200 shares of stock worth $20 each for 100 shares worth $40 each, they are using
A. holding stock.
B. split stock.
O C. tracking stock.
D. reverse stock split.
O E. an LBO.
Transcribed Image Text:When a company exchanges 200 shares of stock worth $20 each for 100 shares worth $40 each, they are using A. holding stock. B. split stock. O C. tracking stock. D. reverse stock split. O E. an LBO.
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