What Is the New Share Price for a Corporation with a Current

question 4

Multiple Choice

What is the new share price for a corporation with a current share price of $4 that employs a 2-for-9 reverse split?

• A) $8
• B) $16
• C) $36
• D) $18

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Definitions:

Sleep

A natural, reversible state of reduced responsiveness to external stimuli and decreased motor activity, essential for rest and recovery.

Mesmer

Refers to Franz Mesmer, an 18th-century German doctor who theorized about animal magnetism and is considered a precursor to modern hypnosis.

Hypnosis

An altered state characterized by focused attention and heightened suggestibility, commonly used in therapy.

Psychologist

A professional who studies mental processes and behavior in humans and animals, often practicing in counseling, clinical, or research settings.