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plz i need help BONUS PROBLEM ( 3 points) Ed owns 1,200 shares of ABC Corp. The company instituted a 4-for-9 reverse stock split on
plz i need help
BONUS PROBLEM ( 3 points) Ed owns 1,200 shares of ABC Corp. The company instituted a 4-for-9 reverse stock split on February 7. The pre-split market price per share was $1.20. a. How many shares did Ed hold after the split? b. What was the post-split price per share? c. Show that the split was a monetary nonevent for Ed Step by Step Solution
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