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Donald owns 580 shares of XYZ, Inc., which is priced at $13.61 per share. The company plans a 1-for-5 reverse stock split. How many shares

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Donald owns 580 shares of XYZ, Inc., which is priced at $13.61 per share. The company plans a 1-for-5 reverse stock split. How many shares will Donald own and what will the share price be after the reverse stock split? Multiple Choice 116: $13.61 116. $2.72 2.900: $68.05 2.900: $2.72

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