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Kendall owns 500 shares of Plato, Inc. stock with a total value of $5,650. Kendall just announced a 3 for 7 reverse stock split. What
Kendall owns 500 shares of Plato, Inc. stock with a total value of $5,650. Kendall just announced a 3 for 7 reverse stock split. What will the price per share be after the split?
1. | $4.84 | |
2. | $11.30 | |
3. | $26.37 | |
4. | $33.90 |
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