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You currently own 100 shares of stock in BugsyBuns, Inc. which is currently priced at $6.00 per share. If the firm undertakes a 1 for 4 reverse split, what will your position in the stock be after the split - how many shares will you own, what will the price per share be, and what will your total value be in the stock of BugsyBuns, Inc.?

Financial Management, Finance

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