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A firm has $2,040,000 in its common stock account and $20,400,000 in its paid in capital account. The firm issued 510,000 shares of common stock.

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A firm has $2,040,000 in its common stock account and $20,400,000 in its paid in capital account. The firm issued 510,000 shares of common stock. What was the issue price (market value) if only one stock issuance has occurred? Multiple Choice $40 per share $44 per share 54 per share O $3 per share

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