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Nevada Corporation has 49,061 shares of $30 par stock outstanding that has a current market value of $171 per share. If the corporation issues

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Nevada Corporation has 49,061 shares of $30 par stock outstanding that has a current market value of $171 per share. If the corporation issues a 5-for-1 stock split, the number of shares outstanding will be a. 9,812 b. 245,305 c. 735,915 d. 49,061

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