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Question 30 (1 point) ABC Co has 200,000 shares of stock outstanding with a par value of $1 per share and a market value of
Question 30 (1 point) ABC Co has 200,000 shares of stock outstanding with a par value of $1 per share and a market value of $10 a share. The company just announced a 2-for-5 reverse stock split. After the split, the company will have _____ shares of stock outstanding trading at approximately ---- 80,000; $0.40 500,000; $10 500,000; $4 80,000; $25 290,000: $10
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