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30 Donald owns 70,000 shares of XYZ, Inc., which is priced at $1.00 per share. The company plans a 12-for-73,000 reverse stock split. How many

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30 Donald owns 70,000 shares of XYZ, Inc., which is priced at $1.00 per share. The company plans a 12-for-73,000 reverse stock split. How many shares will Donald own and what will the share price be after the reverse stock split? Multiple Choice 70,000; $138,500.00 53,800; $165,400.00 157,700; $150,000.00 7,700: $11.00 11; $.11 30 Donald owns 70,000 shares of XYZ, Inc., which is priced at $1.00 per share. The company plans a 12-for-73,000 reverse stock split. How many shares will Donald own and what will the share price be after the reverse stock split? Multiple Choice 70,000; $138,500.00 53,800; $165,400.00 157,700; $150,000.00 7,700: $11.00 11; $.11

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