You currently own 200 shares of stock valued at $6 per share.If the firm declares a 1-for-4 reverse stock dividend you will own ____ shares valued at ___ per share.
A) 800; $6
B) 800; $1.50
C) 50; $6
D) 50; $24

Name: You currently own 200 shares of stock valued at $6 per share.If the firm declares a 1-for-4 reverse stock dividend you will own ____ shares valued at ___ per share. A) 800; $6 B) 800; $1.50 C) 50; $6 D) 50; $24
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Question

Quizplus · Accepted Answer

Number of shares = 200 / 4 = 50; Price = $6 × 4 = $24

You Currently Own 200 Shares of Stock Valued at $6