c) Maju Berhad has 11,500 shares of stock outstanding with a par value of RM1 per share and a market value of RM10 a share. The company just announced a 3-for-7 reverse stock split. What will the market value per share be after the reverse stock split? (2 marks) (CLO2:PLO6:C3) d) The common stock of Blitz, Inc. is selling for RM56 a share and the par value per share is RM1. Currently, the firm has a total market value of RM812,000. How many shares of stock will be outstanding if the firm does a 3-for-2 stock split