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A firm has $ 4 , 6 8 0 , 0 0 0 in its common stock account and $ 4 6 , 8 0

A firm has $4,680,000 in its common stock account and $46,800,000 in its paid in capital account. The firm issued 520,000 shares of common stock. What was the issue price (market value) if only one stock issuance has occurred?
Multiple Choice
$8 per share
$9 per share
$90 per share
$99 per share

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