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Bramble Corporation splits its common stock 3 for 1 , when the market value is $97 per share. Prior to the split, Bramble had 100000

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Bramble Corporation splits its common stock 3 for 1 , when the market value is $97 per share. Prior to the split, Bramble had 100000 shares of $15 par value common stock issued and outstanding. After the split, the par value of the stock remains the same. is reduced to $5 per share. is reduced to $45 per share. is reduced to $3 per share

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