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A company had 7 5 , 0 0 0 outstanding shares of $ 2 par value common stock and $ 2 1 5 , 0

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A company had 75,000 outstanding shares of $2 par value common stock and $215,000 of Retained Earnings. The company issued a 2-for1 stock split on a day when the market price of the stock was $30 per share. What will be the market price of the stock after the stock split?
Multiple Choice
$30
$24.
$6.
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