What is the new divisor, Able, Baker, and Charlie are the

What is the new divisor

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Reference no: EM131297387

Able, Baker, and Charlie are the only three stocks in an index. The stocks sell for $88, $312, and $84, respectively. If Able undergoes a 1-for-4 reverse stock split. What is the new divisor? (Round your answer to 6 decimal places.)

Reference no: EM131297387

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