Question
Tiffany owned 1000 shares of GIA stock which was selling for $1.50 per share when the company declared a 1 for 10 reverse split. After
Tiffany owned 1000 shares of GIA stock which was selling for $1.50 per share when the company declared a 1 for 10 reverse split. After the split, Tiffany owned
Select one:
A.
100 shares worth approximately $1.50 per share.
B.
10,000 shares worth approximately $0.15 per share.
C.
10,000 shares worth approximately $1.50 per share.
D.
100 shares worth approximately $15 per share.
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Analysis Of Financial Data
Authors: Gary Koop
1st Edition
0470013214, 978-0470013212
