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Basic Question 2 of 12
A 1:2 split: I. is a stock split.
II. is a reverse stock split.
III. means a shareholder gets half as many shares, but at twice the price.
IV. means the holder of 1 share will get additional 1 share.
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I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
describe regular cash dividends, extra dividends, stock dividends, stock splits, reverse stock splits, and share repurchases
describe dividend payment chronology
CFA® 2024 Level I Curriculum, Volume 3, Module 8.