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Able, Baker, and Charlie are the only three stocks in an index. The stocks sell for $93,$312, and $78, respectively. If Able undergoes a 1-for-2

image text in transcribed Able, Baker, and Charlie are the only three stocks in an index. The stocks sell for $93,$312, and $78, respectively. If Able undergoes a 1-for-2 reverse stock split, what is the new divisor? Note: Do not round intermediate calculations. Round your answer to 5 decimal places

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