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a corporation has 50,000 shares of $28 par stock outstanding that has a current market value of $150 per share. if the corporation issues a

a corporation has 50,000 shares of $28 par stock outstanding that has a current market value of $150 per share. if the corporation issues a 4-for-1 stock split, the market value of the stock will fall to approximately.

a. $112.00

b. $7.00

c. $37.50

d. $600.00

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