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| On August 15, National Corporation announced a 1-for-10 reverse split, the event to occur on September 6, subject to shareholder approval. The stock’s closing price on August 14 was $1.375 If nothing changes, at what price would you expect the stock to sell after the stock split is made effective on September 6? A. $13.75 B. $10.00 C. $2.75 D. $1.38 |