Question: Theo's Therapy has decided on a 1-for-7 REVERSE stock split. If the firm currently has 1,400,000 shares outstanding at a price of $8.00, how many

Theo's Therapy has decided on a 1-for-7 REVERSE stock split. If the firm currently has 1,400,000 shares outstanding at a price of $8.00, how many shares will be outstanding after the stock split? 200,000 shares 9,800,000 shares 175,000 shares 560,000 shares

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