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Question 30 2.78 pts LTE stock sells for $28.05 per share and there are 340,000 shares outstanding. The company plans a 6-for-5 reverse stock split.
Question 30 2.78 pts LTE stock sells for $28.05 per share and there are 340,000 shares outstanding. The company plans a 6-for-5 reverse stock split. Assuming no market imperfections or tax effects, what will the stock price be after the split? rev: 02_20_2019 QC_CS-159608 $23.38 $33.66 $28.05 $29.92 $28.05 Question 31 2.78 pts Bo's Home Manufacturing has 320,000 shares outstanding that sell for $44.79 per share. The company has announced that it will repurchase $52,000 of its stock. What will the share price be after the repurchase? $44.95 $44.63 $39.05 $44.79 $42.00
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