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Assume Twitter currently has 425,000 shares outstanding that sell for $44 per share. Assume no market imperfections or tax effects exist. Answer the following 2

Assume Twitter currently has 425,000 shares outstanding that sell for $44 per share. Assume no market imperfections or tax effects exist. Answer the following 2 questions if Twitter has a 3-for-5 reverse stock split. What will be its new price per share? (Round your answer to 2 decimal places)

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