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D&M Co. has 685,000 shares outstanding. If the company does a 5-for-1 stock split, followed by a 3-for1 stock split, and then pays a 10%

D&M Co. has 685,000 shares outstanding. If the company does a 5-for-1 stock split, followed by a 3-for1 stock split, and then pays a 10% stock dividend, how many shares outstanding will there be? Please show your work.

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