(Adjusting prices to reverse split) A reverse split is just like a split, only in a reverse...
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(Adjusting prices to reverse split) A reverse split is just like a split, only in a reverse direction. For example, in a 1-for-2 reverse split, you receive one share for every two shares you hold. How would your answers to the previous question change if you learned that in 2014 the firm did a 3-for-4 reverse split?
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Related Book For
Principles Of Finance Wtih Excel
ISBN: 9780190296384
3rd Edition
Authors: Simon Benninga, Tal Mofkadi
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