Question
Donald owns 75,000 shares of XYZ, Inc., which is priced at $1.00 per share. The company plans a 10-for-73,500 reverse stock split. How many shares
Donald owns 75,000 shares of XYZ, Inc., which is priced at $1.00 per share. The company plans a 10-for-73,500 reverse stock split. How many shares will Donald own and what will the share price be after the reverse stock split?
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Financial Analysis And Modeling Using Excel And VBA
Authors: Chandan Sengupta
2nd Edition
047027560X, 978-0470275603
