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Thanks! LTE stock sells for $28.95 per share and there are 490,000 shares outstanding. The company plans a 4-for-1 reverse stock split. Assuming no market

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LTE stock sells for $28.95 per share and there are 490,000 shares outstanding. The company plans a 4-for-1 reverse stock split. Assuming no market imperfections or tax effects, what will the stock price be after the split? Multiple Choice $9.65 O $115.80 O $102.93 O $7.24 O $86.85

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