How many of the old shares must be given up for one new, Financial Management

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How many of the old shares must be given up for one new

The stock price of Turo, Inc. is $0.50. The company wants to use a reverse split to get the price up to $12 a share. How many of the old shares must be given up for one new share to achieve the $12 price, assuming this transaction has no effect on total market value? FORMULA IN EXCEL.

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