John's total market value of the equity

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John's has common stock outstanding at a price of $27 a share. The total market value of the equity is $435,000. How many shares of stock will be outstanding if the firm does a 2-for-5 reverse stock split? a) 40,278 shares b) 36,000 shares c) 6,444 shares d) 7,500 shares e) 16,500 shares

    • 10 years ago
    Johns total market value of the equity
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