What is the new divisor

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Question: 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-3 reverse stock split. What is the new divisor? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131931678

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