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Big Lake Beef Co. was formed last year by selling 3.05 million shares of stock. Currently, total equity is 103.355 million with a common stock

Big Lake Beef Co. was formed last year by selling 3.05 million shares of stock. Currently, total equity is 103.355 million with a common stock account of 2.44 million and retained earnings of 8.5 million.

A. What was the original stock price?

B. What is the par value of the stock?

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