Compute the revised par value after each stock split. Round answers to three decimal places. Revised Par Effective Date Value March 9, 1987 $ 1 December 21, 1987 $ 0.5 June 16, 1989 $ 0.25 November 8, 1993 $ 0.125 February 22, 1995 $ 0.083 April 16, 1996 $ 0.056 August 15, 1997 $ 0.037 February 26, 1999 $ 0.025 January 18, 2000 $ 0.012 October 12, 2000 $ 0.006 b. On May 10, 2016, Oracle stock traded for about $60. All things equal, if Oracle had never had a stock split, what would a share of Oracle have traded for that same day? Round answer to the nearest dollar. $ 19,440