If a firm has 6,000,000 shares of common stock outstanding with a par value of $15 par value and the Board of Directors declares a 5 for 3 stock split, what will be the new total shares outstanding and the new par value per share? a) 10,000,000 shares outstanding with a par value of $9.00 per share b) 30,000,000 shares outstanding with a par value of $3.00 per share c) 3,600,000 shares outstanding with a par value of $25 per share d) None of these answers is correct