ABC Corporation declares a 5-4 stock split. On the ex-date, the price of ABC common will be reduced by:
A) 0.2.
B) 0.25.
C) 0.5.
D) 0.8.
Answer: A) 0.2.
Investments MCQ
Equity Securities
ABC Corporation declares a 5-4 stock split. On the ex-date, the price of ABC common will be reduced by: