Bobs auto group has 25000 shares of stock outstanding at a


Bob's Auto Group has 25,000 shares of stock outstanding at a market price of $4.50 a share. What will the market price per share be if the company does a 1-for-5 reverse stock split? A. $18.00 B. $20.00 C. $22.50 D. $27.00 E. $29.50

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Financial Management: Bobs auto group has 25000 shares of stock outstanding at a
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