Reverse stock split-what is the new divisor

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Reference no: EM131997856

Able, Baker, and Charlie are the only three stocks in an index. The stocks sell for $93, $312, and $78, respectively. If Able undergoes a 1-for-2 reverse stock split, what is the new divisor? (Do not round intermediate calculations. Round your answer to 5 decimal places.)

Divisor

Reference no: EM131997856

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