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25) Jenny owns 5,000 shares in Red Robbin, which currently has 400,000 shares outstanding and trades at $50 per share. Management has decided on a
25) Jenny owns 5,000 shares in Red Robbin, which currently has 400,000 shares outstanding and trades at $50 per share. Management has decided on a 3-2 split. What is the net gain/loss if the stock price falls 20%?
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