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MastercardIncorporatedissued2,500sharesof$50parvaluecommonstockfor$55pershare on July 1st, 2023. Calculate the total proceeds received by Mastercard Incorporated from the issuance of common stock.

Mastercard Incorporated issued 2,500 shares of $50 par value common stock for $55 per share on July 1st, 2023. Calculate the total proceeds received by Mastercard Incorporated from the issuance of common stock.

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