Question: Split-Gram, Inc. has announced a 3-to-1 stock split. If the company currently has 1 million shares outstanding, how many outstanding shares will it have after

Split-Gram, Inc. has announced a 3-to-1 stock split. If the company currently has 1 million shares outstanding, how many outstanding shares will it have after the split? After the 2008 recession some companies share price dropped so much that they did a reverse stock split. Assume a 1 for 6 stock split for company C. If there are 1,000,000 shares outstanding before the split how many shares are outstanding after the split? Round to whole number
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