Which of the following actions will best enable a company to raise additional equity capital? Refund long-term debt with lower cost short-term debt. Declare a stock split. Begin an open-market purchase dividend reinvestment plan. Initiate a stock repurchase program. Begin a new-stock dividend reinvestment plan.
The answer is Begin a new-stock dividend reinvestment plan.
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Bachelors degree and CPA with Accounting experience.