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At the beginning of the current year, Omar Company declared a 1 for 5 reverse stock split, when the market value per share was $

At the beginning of the current year, Omar Company declared a

1

for

5

reverse stock split, when the market value per share was $

10 .

Prior to the split, Omar had

100, 000

shares issued and outstanding. After the split, what is the market value of the share?

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