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Question 20 4 pts Firm A has 200,000 shares outstanding trading for $250 per share and Firm B has 160,000 share outstanding trading for $16
Question 20 4 pts Firm A has 200,000 shares outstanding trading for $250 per share and Firm B has 160,000 share outstanding trading for $16 per share. Firm A plans to conduct a 4-for-1 stock split and Firm B plans to conduct a 2-for-5 reverse stock split. Which of the statements below best describes the expected outcome of these transactions? Firm A will have 800,000 shares trading for $62.50 each and Firm B will have 64,000 shares trading for $40 each Firm A will have 50,000 shares trading for $62.50 each and Firm B will have 400,000 shares trading for $40 each Firm A will have 50,000 shares trading for $1,000 each and Firm B will have 400,000 shares trading for $6.40 each Firm A will have 800,000 shares trading for $1,000 each and Firm B will have 64,000 shares trading for $6.40 each Firm A will have 800,000 shares trading for $62.50 each and Firm B will have 400,000 shares trading for $6.40 each
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