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  3. 8. a company with 750,000 shares outstanding that

8. A company with 750,000 shares outstanding that sell for $120 per share has announced...

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Finance

8. A company with 750,000 shares outstanding that sell for $120 per share has announced a 3-for-5 reverse stock split. Assuming there are no market imperfections or tax effects, what will the stock sell for after the split?

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