The olive vase has 56,000 shares of stock outstanding with a par value of $1 per share and a market value of $11 a share. the company just announced a 3-for-4 reverse stock split. currently, you own 400 shares of this stock. what will the total value of your shares be after the reverse stock split?

The total value of your shares be after the reverse stock split is $5,500

Explanation:

The total value of your shares will not change.

Consider the following calculation to obtain the answer

Total value = 500(3/4) * $11(4/3) = $5,500

answer; (d) i believe that the correct answer is ; /// a new invention lowers the cost of production;

a. primarily outdoors, responding to emergencies and protecting people.

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