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Edit View History ks Window Help 34% Sat 1:10 PM Question 5 (of 9) 1.33 points Assume that you own 142 shares of $12 par
Edit View History ks Window Help 34% Sat 1:10 PM Question 5 (of 9) 1.33 points Assume that you own 142 shares of $12 par value common stock of a company and the company has a 2-for-1 stock split when the market price per share is $48 Required: a. How many shares of common stock will you own after the stock spli? b. What will probably happen to the market price per share of the stock? The market price per share should be half of what it was The market price per share should be double 0 The market price per share should remain same. c. What will probably happen to the par value per share of the stock? O The par value per share will decrease The par value per share will increase. The par value per share will remain same Hints References eBook& Resources Hint 1 6
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