Marge Corporation has 10,000 shares of $15 par value common stock outstanding when it an- nounces a
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Marge Corporation has 10,000 shares of $15 par value common stock outstanding when it an- nounces a 2-for-1 split. Before the split, the stock had a market price of $140 per share. After the split, how many shares of stock will be outstanding, and what will be the approximate market price per share?
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ISBN: 9780471691952
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Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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