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How many shares will be outstanding after the split

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Reference no: EM132960899

Problem 1: BGA has 245,000 shares outstanding that sell for $20 per share. The company plans a 4-for-5 reverse stock split. How many shares will be outstanding after the split?

Option 1: 306,250 shares
Option 2: 245,000 shares
Option 3: 163,333 shares
Option 4: 224,000 shares
Option 5: 196,000 shares

Reference no: EM132960899

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