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A firm has a total market value of $89,600 with 6,500 shares of stock outstanding.What will be the total market value of the firm if it does a 1-for-2 reverse stock split?
Eight Binary Digits
Often referred to as a byte, the fundamental unit of digital data storage.
Byte
A unit of digital information that most commonly consists of eight bits, representing a single character of data in most computer systems.
Word
A unit of data of a standard size, typically a fixed number of bits or bytes, depending on the architecture of the computer system.
Data
Information or details that are collected and used for reference, analysis, or computing.
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