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Coronado Corporation splits its common stock 5 for 1, when the market value is $98 per share. Prior to the split, Coronado had 100000

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Coronado Corporation splits its common stock 5 for 1, when the market value is $98 per share. Prior to the split, Coronado had 100000 shares of $10 par value common stock issued and outstanding. After the split, the par value of the stock O is reduced to $2 per share. O remains the same. O is reduced to $5 per share. O is reduced to $50 per share

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