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Connors Corporation has a stock price of $2.5. It is expected that the company will announce a 1 for 8 reverse split. Given this information,
- Connors Corporation has a stock price of $2.5. It is expected that the company will announce a 1 for 8 reverse split. Given this information, determine the price of the stock after the reverse split.A.$0.31
- B.$1.25
- C.$20.00
- D.$25.00
- E.$50.00
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International Financial Management
Authors: Cheol Eun, Bruce G. Resnick
8th edition
125971778X, 978-1259717789
