Ten years ago, Crane Ltd$.$ issued $690,000$ shares, which are still outstanding, for a total value of $$6\mathrm{.}35$ million. The board of directors for Crane Ltd$.$ has become concerned with the dramatic drop in the market price of the shares to $$0\mathrm{.}40$ per share. The company is at risk of being delisted if the share price drops bNow $$0\mathrm{.}35$ per share.

$($a$)$

What would be the required reverse stock split to move the market price to $$9\mathrm{.}20$ per share?

Required reverse stock split for