BABA Company has 450,000 shares issued and outstanding at an average issue price of $45 per share. At a time when the market price per share is $60, the company decides declare a 1:3 reverse stock split. The new number of outstanding shares and the new market place will be which of the following? 1,350,000 shares, $180 per share. 150,000 shares, $180 per share. 150,000 shares, $60 per share. 1,350,000 shares, $20 per share