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A corporation has 71,152 shares of $40 par stock outstanding that has a current market value of $264 per share. If the corporation issues a

A corporation has 71,152 shares of $40 par stock outstanding that has a current market value of $264 per share. If the corporation issues a 4-for-1 stock split, the market value of the stock will fall to approximately

a. $17,788

b. $10

c. $66

d. $224

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