BJ's Auto Group Has 25,000 Shares of Stock Outstanding at a Market

question 35

Multiple Choice

BJ's Auto Group has 25,000 shares of stock outstanding at a market price of $14.50 a share.What will be the market price per share if the company does a 2-for-5 reverse stock split?

• A)$14.50
• B)$6.40
• C)$29.50
• D)$36.25
• E)$5.80

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Definitions:

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