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Currently, a company has 300,000 shares outstanding that sell for $125 per share. Assume there are no market imperfections or tax effects. If the company
Currently, a company has 300,000 shares outstanding that sell for $125 per share. Assume there are no market imperfections or tax effects. If the company has a 2-for-3 reverse stock split, what will be the number of shares outstanding after the split? (show all calculations step by step PLEASE!)
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