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1. H55 Corporation has 11,800 common shares issued when it announces a 3-for-1 split. Before the split, the shares were trading for $120 per share.

1. H55 Corporation has 11,800 common shares issued when it announces a 3-for-1 split. Before the split, the shares were trading for $120 per share.

a, After the split, how many shares will be issued?

Number of shares :

b. After the split, what will be the likely share price?

Share price $ per share

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