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Banana company has the following financial data: the number of shares outstanding =1,500; par value =3; paid-in capital in excess of par= 4.000, then the

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Banana company has the following financial data: the number of shares outstanding =1,500; par value =3; paid-in capital in excess of par= 4.000, then the price at the time of issuance is: Select one: a. $3.0 b. $3.67 c. $2.67 d. $5.67

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