Rosco$$s has $15,000$ shares of stock outstanding with a market price of $$6$ per share. What will be the market price per share if the firm does a $1-$for$-3$ reverse stock split?

Rosco$$s has $15,000$ shares of stock outstanding with a market price of $$6$ per share. What will be the market price per share if the firm does a $1-$for$-3$ reverse stock split?

$$48$

$$18$

$$42$

$$24$

$$54$