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A corporation has 5 0 , 0 0 0 shares of $ 2 8 par stock outstanding that has a current market value of $

A corporation has 50,000 shares of $28 par stock outstanding that has a current market value of $200 per share. If the corporation issues a 4-for-1 stock split, the market value of the stock will fall to approximately
a. $50
b. $150
c. $800
d. $10
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