Outstanding Shares Pearce & Company has 5 million shares of s10 par value common stock outstanding, The company believes that its current market price of $125 per share is too high and decides to execute a 4-for-1 forward stock split to lower the price How many shares (in Millions) will be outstanding following the stock split, and what will be the new par value per share? # of shares Par value 0 milions por share