Kristy owns 200 shares of Nortel stock. On November 30 the company instituted a 1-for-10 reverse split. The pre-split price per share was $2.15. The number of shares outstanding before the split was 4.34B.
a. How many shares did Kristy hold after the split?
b. What was the post-split price per share?
c. What was the post-split number of outstanding shares?
d. What was the post-split market cap?