Total value of your shares be after the reverse stock split

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The Olive Vase has 62,000 shares of stock outstanding with a par value of $1 per share and a market value of $17 a share. The company just announced a 3-for-5 reverse stock split. Currently, you own 600 shares of this stock. What will the total value of your shares be after the reverse stock split?

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Reference no: EM131623694

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