Question 806 stock split, no explanation
A firm conducts a two-for-one stock split. Which of the following consequences would NOT be expected?
(a) The share price would halve.
(b) The number of shares would double.
(c) The market capitalisation of equity would be unchanged.
(d) The earnings per share (EPS) would halve.
(e) The price-earnings (PE) ratio would halve.