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DEF Corporation has issued a total of 1,000,000 shares with par value of P1.00 at premiums worth P2,000,000. Subsequently, the corporation has reacquired 25 %

DEF Corporation has issued a total of 1,000,000 shares with par value of P1.00 at premiums worth P2,000,000. Subsequently, the corporation has reacquired 25 % of the outstanding shares. Thereafter, the corporation re-issued all the re-acquired shares of stock. What is thepresent number of shares considered as outstanding capital stock in the corporation?

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