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QUESTION 1 R Co. has outstanding 100 million shares, $1 par common shares, selling for $8 per share. After a 1 for 4 reverse stock
QUESTION 1
R Co. has outstanding 100 million shares, $1 par common shares, selling for $8 per share. After a 1 for 4 reverse stock split:
R would have 25 million shares, $4 par per share | ||
The market price per share would be about $2 | ||
Fractional shares would be issued | ||
None of the above |
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