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The Meat Market has 16,000 shares of stock outstanding at a price per share of $7. What will be the price per share if the

The Meat Market has 16,000 shares of stock outstanding at a price per share of $7. What will be the price per share if the firm declares a 3-for-7 reverse stock split? $16.33 $11.80 Price per share = $7 (7/3) = $16.33 $4.50 $3.00 $15.00

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