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A corporation has 71,272 shares of $36 par stock outstanding that has a current market value of $284 per share. If the corporation issues a
A corporation has 71,272 shares of $36 par stock outstanding that has a current market value of $284 per share. If the corporation issues a 4-for-1 stock split, the market value of the stock will fall to approximately O a. $9 Ob. $248 O c. $71 O d. $17,818
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