How many of the old shares must be given up for one new, Finance Basics

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How many of the old shares must be given up for one new

Ryan-James Financial has suffered losses in recent years which has caused its stock to drop to only $0.50 per share. Management wants to use a reverse split to get the price up to a more "reasonable" level. Management has targeted$25 per share. How many of the old shares must be given up for one new share to achieve the $25 price, assuming this transaction has no effect on total market value?

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Finance Basics: How many of the old shares must be given up for one new

Reference No:- TGS0618276

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : If the company follows the residual dividend model how much

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: How many of the old shares must be given up for one new

Reference No:- TGS0618276

Recent Questions Asked Finance Basics

Q : If the company follows the residual dividend model how much

Q : Calculate the ph of the solution that results when 400 ml

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Q : Calculate the ph of the solution that results when 400 ml

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