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Nevada Corporation has 69,800 shares of $24 par stock outstanding that has a current market value of $158. If the corporation issues a 5-for-1 stock

Nevada Corporation has 69,800 shares of $24 par stock outstanding that has a current market value of $158. If the corporation issues a 5-for-1 stock split, the number of shares outstanding will be

a.349,000

b.69,800

c.837,600

d.279,200

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