shareholder is no better off after the split.

Current shareholders are no better off after the $2-$for$-3$ reverse split because if they owned one share at $$25$ per share before the split, they would then own

of a

share worth $$37\mathrm{.}5$ per share immediately after the split. $($Select from the drop$-$down menu.$)$ Reverse stock split.$$If a company declares a $22-$for$-33$ reverse stock$$ split, the price before the split is $$$$2525,$ and the price after the split is $$$$37\mathrm{.}537\mathrm{.}5,$ show that a current shareholder is no better off after the split.

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Part $1$

Current shareholders are no better off after the $22-$for$-33$ reverse split because if they owned one share at $$$$2525$ per share before the$$ split, they would then own

$$

$3$

$5$

$2$

$2/3$

of a share worth $$$$37\mathrm{.}537\mathrm{.}5$ per share immediately after the split.$($Select from the$$ drop$-$down menu.$)$