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9. DDA Co. has 2.0 million shares of $2 par value common stock outstanding. The stock is trading at $15 per share. The company has
9. DDA Co. has 2.0 million shares of $2 par value common stock outstanding. The stock is trading at $15 per share. The company has declared a 4 for 5 reverse split. a. What will be the number of common shares outstanding after the reverse split? b. What will be the share price after the reverse split? $
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