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Carvana (CVNA) is suffering with a share price of $3 down from $223 a year ago (yikes!). The company could likely go bankrupt. Assume, Carvana

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Carvana (CVNA) is suffering with a share price of $3 down from $223 a year ago (yikes!). The company could likely go bankrupt. Assume, Carvana tries to solve this problem via issuing a 1:100 reverse share split when their share price is at $3 a share. You had 10,000 shares of CVNA pre-split. After the 1:100 reverse split, you now have and expect the price of CVNA to be around per share a day after the split. 100 shares, $100 100 shares, $300 1,000,000 shares, $.10 1,000,000 shares, 5.03 100 shares, \$0 1,000,000 shares, $0

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