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Robinson's has 15,000 shares of stock outstanding with a market price of $6 a share. What will the market price per share be if the

Robinson's has 15,000 shares of stock outstanding with a market price of $6 a share. What will the market price per share be if the firm does a 1-for-3 reverse stock split? A) $42 B) $24 C) $54 D) $18 E) $48

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