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3. A corporation has 12.000 shares of $20 par valino stock outstanding thar has a current market value os 50. If the corporation issues a

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3. A corporation has 12.000 shares of $20 par valino stock outstanding thar has a current market value os 50. If the corporation issues a 4-for-1 stock split, the market value of the stock will tall to approximately $50

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