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9.The common stock of Gillen Entertainment is selling for $52 a share. The firm has a book value of $357,400 and a market value of

9.The common stock of Gillen Entertainment is selling for $52 a share. The firm has a book value of $357,400 and a market value of $886,000. How many shares of stock will be outstanding if the firm does a 5-for-2 stock split?

A.6,815 shares

B.2,749 shares

C.17,183 shares

D.42,596 shares

E.32,211 shares

Please show how you arrived at the answer so that I may study it.

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