Pearce & Company has 14 million shares of $4 par value common stock outstanding. The company believes that its current market price of $200 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
Answer	million	Answer	per share