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A company's price Tuesday at closing was 50. After closing it had a 3:4 reverse split. What was the closing price of the company Wednesday
A company's price Tuesday at closing was 50. After closing it had a 3:4 reverse split. What was the closing price of the company Wednesday at closing, if you know that the company's return for Wednesday is 7%? There was no dividend payment in this period. (Provide your answer rounded to 2 decimals.)
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