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After taking a beating in the market, XYZ Inc. decides to execute a reverse stock split to keep from being delisted from the stock exchange.
After taking a beating in the market, XYZ Inc. decides to execute a reverse stock split to keep from being delisted from the stock exchange. If you buy shares of stock that is trading for $ per share prior to the split and it splits for and pays a postsplit dividend of $share a month later, what is the the holding period return for this stock if it closes at $share
Hint: # of shares presplit ; postsplit
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