Pearce & Company has 15 million shares of $10 par value common stock outstanding. The company believes that its current market price of $150 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 million $ 0 per share Check Previous Save Answers B