How many of the old shares must be given up

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Ryan-James Financial has suffered losses in recent years which has caused its stock to drop to only $0.50 per share. Management wants to use a reverse split to get the price up to a more "reasonable" level. Management has targeted$25 per share. How many of the old shares must be given up for one new share to achieve the $25 price, assuming this transaction has no effect on total market value?

Reference no: EM13279566

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