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When and why should a firm consider splitting its stock?
(a) There's a widespread belief that the optimal price rance for stocks is $20 to $80.
(b) Stock splits generally occur when management is confident, so are interpreted as postive signals.
(c) On average, stocks tend to outperform the market in the year following a split.
(d) All of the above
(e) Noneof the above.

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