Question
2. A corporation has 71,928 shares of $32 par stock outstanding that has a current market value of $348 per share. If the corporation issues
2. A corporation has 71,928 shares of $32 par stock outstanding that has a current market value of $348 per share. If the corporation issues a 4-for-1 stock split, the market value of the stock will fall to approximately a.$316 b.$87 c.$8 d.$17,982
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Public Sector Audit
Authors: Carolyn J. Cordery, David C. Hay
1st Edition
0367650622, 9780367650629
