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On December 31, 2019, Emerald Expositions Inc. had 24,660 shares outstanding of $34.80 par value common stock. The shares were originally issued for 596 per

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On December 31, 2019, Emerald Expositions Inc. had 24,660 shares outstanding of $34.80 par value common stock. The shares were originally issued for 596 per share. On January 1, 2020, Emerald Expositions announced a 3 for 1 stock split of its common stock with a corresponding reduction in the stock's par value. The market price of the stock just before the split was 5165 per share. After the stock split, how many shares are outstanding and what is the par value? Select one: 2. 8.220 Shares Outstanding, 5104.40 Par Value b. 73,980 Shares Outstanding $34.80 Par Value C. 8.220 Shares Outstanding, $11.60 Par Value d. 73,980 Shares Outstanding 511.60 Par Value

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