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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?
Please show how you arrived at the answer
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You're prepared to make monthly payments of $300, How many payments will you have made when your account balance reaches $18,514?
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