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Please help me solve questions 15 & 16. A corporation has 50,000 shares of $25 par stock outstanding that has a current market value of

Please help me solve questions 15 & 16.

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A corporation has 50,000 shares of $25 par stock outstanding that has a current market value of $120. If the corporation 15. issues a 5-for-1 stock split, the par value of the stock after the split will be A. $60 B. $24 C. $25 D. $5 Questions 16 - 20 relate to CSO 1.5 Objective 1.5: Calculate the present value for bonds and prepare the bond related journal entries 16. When the corporation issuing the bonds has the right to redeem the bonds prior to the maturity, the bonds are A. unsecured bonds B. callable bonds C. debenture bonds D. convertible bonds

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