The Olive Vase has 71,000 shares of stock outstanding with a par value of $1 per share and a market value of $26 a share.
The Olive Vase has 71,000 shares of stock outstanding with a par value of $1 per share and a market value of $26 a share. The company just announced a 4-for-5 reverse stock split. Currently, you own 450 shares of this stock.
What is the new price per share after the reverse stock split? $
How many shares of this stock will you own after the reverse stock split? shares
What is the total value of your shares after the reverse stock split? $
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Authors: Peter Howells, Keith Bain
4th Edition
0273710397, 978-0273710394
