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Company Alpha C has decided to do a reverse split of its common stock of 1 new share for 5 old and its market price
Company Alpha C has decided to do a reverse split of its common stock of 1 new share for 5 old and its market price is at $2.00 with 5,000,000 outstanding shares. What will be the new number of outstanding shares in the market place after the aforesaid reverse split 25,000,000 shares 100,000 shares 1,000,000 shares 5,000,000 shares
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