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PLS ANSWER ASAP! WILL RATE! Question 4 Danielle's Donuts announces a reverse split. The company will consolidate outstanding shares through a 1-for-5 split. That is,
PLS ANSWER ASAP! WILL RATE!
Question 4
Danielle's Donuts announces a reverse split. The company will consolidate outstanding shares through a 1-for-5 split. That is, the company will consolidate every five shares that you currently own into one share. The current price of the stock is $2.50 per share. If you own 10,000 shares, how many will you have after the reverse split?
Just type number of shares to the nearest whole share
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