Shortly after samantha sold her shares, the price per share increased by $1.60. another

investor in the corporation, jeffrey, owned 845 shares of graham corporation atand

a 3-for-5 reverse stock split was announced how was jeffrey financially affected by the split

Not affected

Step-by-step explanation:

Given: Shortly after Samantha sold her shares, the price per share increased by . Another  investor in the corporation, Jeffrey, owned shares of Graham Corporation. A reverse stock split was announced.

To Find: how was Jeffrey financially affected by the split.

Solution:

Number of shares Jeffrey had

Let the stock value of share after Samantha sold her share

Total value of Jeffrey's shares

As a for stock split was announced

Each share is merged into shares and value of share is increased in respective ratio such that

Now,

Number of share Jeffrey had after split

Stock value of share after split              

Total value of Jeffrey's shares                

As the value of Jeffrey's stock before and after split is same therefore Jeffrey is not financially affected by the split.

-50/3

step-by-step explanation: