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Recent Years Constable Inchas Suffered Losses, and Its Stock Currently

question 10

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recent years Constable Inchas suffered losses, and its stock currently sells for only $0.50 per share Management wants to use a reverse split to get the price up to a more "reasonable" level, which it thinks is $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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