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Pete's Pets has 18,500 shares of stock outstanding with a par value of $1 per share and a market price of $21 a share. The

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Pete's Pets has 18,500 shares of stock outstanding with a par value of $1 per share and a market price of $21 a share. The firm just announced a three-for-two stock split. How many shares of stock will be outstanding after the split? 5. a. 12,000-shares b. 14,000-shares c. 27,750 shares d-22250-shares

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