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A firm currently has 2,400,000 shares outstanding. After a 5-for-12 reverse stock split, how many shares will be outstanding? 1,800,000 1,600,000 1,200,000 800,000 1,000,000

A firm currently has 2,400,000 shares outstanding. After a 5-for-12 reverse stock split, how many shares will be outstanding?

1,800,000

1,600,000

1,200,000

800,000

1,000,000

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