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A firm has $2, 350,000 in its common stock account and $23.500000 in its paid-in capital account. The firm issued 470,000 shares of common stock.

A firm has $2, 350,000 in its common stock account and $23.500000 in its paid-in capital account. The firm issued 470,000 shares of common stock. What is the par value of the common stock? $55 per share $4 per share $5 per share $50 per share

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