A stock currently sells for 840 a share what type of stock, Ask an Expert

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A stock currently sells for $8.40 a share. What type of stock split does the firm need to do if it wants to increase the price so that it trades around $25 a share?

2-for-5 reverse stock split

1-for-3 reverse stock split

2-for-3 reverse stock split

5-for-2 stock split

3-for-1 stock split

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91611004

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