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Chapter 13: Nevada Corporation has 30,000 shares of $25 par stock outstanding that has a current market value of $120.If the corporation issues a 5-for-1
Chapter 13:
Nevada Corporation has 30,000 shares of $25 par stock outstanding that has a current market value of $120.If the corporation issues a 5-for-1 stock split, the number of shares outstanding will be
a.
150,000
b.
6,000
c.
15,000
d.
60,000
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