In recent years Constable Inc. has suffered losses, and its stock currently sells for only $0.50 per share. Management wants to use a reverse split to get the price up to a more "reasonable" level, which it thinks is $43 per share. How many of the old shares must be given up for one new share to achieve the $43 price, assuming this transaction has no effect on total market value?

Select the correct answer.

a. 89.00

b. 83.00

c. 80.00

d. 77.00

e. 86.00