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:

Linear Regression

A statistical method used to model the relationship between a dependent variable and one or more independent variables.

Independent Variable

A variable in an experiment or model that is manipulated or changed to observe its effects on a dependent variable.

Seasonal Index

A numerical value or coefficient that adjusts data for seasonal variations, making trends clearer over time.

Monthly Series

A sequence of data points or observations recorded or collected monthly, often used in economic, financial, or performance analysis.