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Which stock splits would have had the same effect

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Problem 1: Doug & Beatie's Inc., a large, private company, declared and distributed a 33% percent stock dividend to its shareholders. If Doug & Beatie's Inc. had instead done a stock split, which of the following stock splits would have had the same effect as the fifty percent stock dividend on the number of Doug & Beatie's Inc. shares outstanding?

a. 2 for 1

b. 4 for 3

c. 3 for 2

d. 5 for 4

e. None of the other alternatives are correct

Reference no: EM132830609

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