Primary clientele of small retail investors

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Newtown stock is currently trading at $64 a share. The firm feels that its primary clientele of small retail investors can afford to spend between $3,000 and $3,500 to purchase a round lot of 100 shares. If excess funds are limited, the firm should consider a:

A. special dividend

B. liquidating dividend

C. stock split

D. reverse stock split

E. Dutch auction

Reference no: EM131188505

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