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LTE stock sells for $28.29 per share and there are 380,000 shares outstanding. The company plans a 4-for-1 reverse stock split. Assuming no market imperfections

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LTE stock sells for $28.29 per share and there are 380,000 shares outstanding. The company plans a 4-for-1 reverse stock split. Assuming no market imperfections or tax effects, what will the stock price be after the split? Multiple Choice $100.59 $707 $84.87 $113.16 $9.43

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