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OpenStudy (anonymous):
Kristy owns 200 shares of Nortel stock. On November 30th the company instituted a 1 for 10 reverse split. The pre-split price per share was $2.15. The number of shares outstanding before the split was 4.34B. A. How many shares did kristy hold after the split? B. what was the post split price per share? C. what was the post split number of outstanding shares? D. what was the post split market cap?
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