Oak Tree Farms has common stock outstanding at a price of $13 a share.The total market value of the equity is $435,000.How many shares of stock will be outstanding if the firm does a reverse stock split of 2-for-5?
A)9,602 shares
B)36,000 shares
C)13,385 shares
D)37,500 shares
E)83,654 shares

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The Answer of Oak Tree Farms has common stock outstanding at a price of $13 a share.The total market value of the equity is $435,000.How many shares of stock will be outstanding if the firm does a reverse stock split of 2-for-5?
A)9,602 shares
B)36,000 shares
C)13,385 shares
D)37,500 shares
E)83,654 shares

Oak Tree Farms Has Common Stock Outstanding at a Price