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city center pharmacy has 11500 shares of stock outstanding with a par value of $1 per share and a market value of $12 a share.

city center pharmacy has 11500 shares of stock outstanding with a par value of $1 per share and a market value of $12 a share. the company just announced a 3 for 7 reverse stock split. what will the market value per share be after the reverse stock split? what will be the number of shares outstanding after the reverse stock split

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