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Bill issued 200 shares of $2 par value stock. The book value of Bills common stockholders' equity is equal to $2,000. On August 1, he
Bill issued 200 shares of $2 par value stock. The book value of Bills common stockholders' equity is equal to $2,000. On August 1, he implements a two-for-one stock split. After the stock split, the total number of shares outstanding is ________ , the total par value is ________ and the total book value is __________.
Assuming the market price per share of Bills stock was $70/share before the split, what should be the market price per share after the split?
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