$8$ Chemical Cleanup Inc. stock is publicly traded. Management would like to raise additional funds by a secondary offering of their common $($that means increasing the number of common shares issued and outstanding by selling unissued or new shares$).$ Management believes the sweet spot price for the offering would be $$28$ per share but, the shares are currently at $$84$ per share. The CFO suggests that Chemical split their stock first and then do the secondary offering. Chemical Cleanup currently has $750,000$ shares of $$\mathrm{.}03$ par value common stock issued and outstanding.

What should the split be to implement the CFOs plan?

How many shares of common stock will be outstanding after the split?

What will the stock sell for after the split? What will be the par value of the stock?