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Now assume that instead the company declares a 1 - for - 5 reverse stock split. b - 1 . How many shares are outstanding
Now assume that instead the company declares a for reverse stock split.
b How many shares are outstanding now?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, eg
What is the new par value per share?
Note: Do not round intermediate calculations and round your answer to decimal places, eg
tableb New shares outstanding,b New par value,per share
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