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Assume that an investor owns 1 , 4 0 0 shares of $ 1 0 par value common stock and the company has a 5

Assume that an investor owns 1,400 shares of $10 par value common stock and the company has a 5-for-1 stock split when the market price per share is $35.00.
Required:
How many shares of common stock will the investor own after the stock split?
What will probably happen to the market price per share of the stock?

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