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Question 44 (2 points) For items 42, 43 and 44 use the following information: The common stock of ASU Corporation is currently selling at
Question 44 (2 points) For items 42, 43 and 44 use the following information: The common stock of ASU Corporation is currently selling at $80 per share. The board of directors wish to reduce the share price and increase the share volume prior to a new issue. The per share par value is $10. 500,000 shares are issued and outstanding. After the above actions from item 42 and 43, what is the anticipated selling price of ASU Corporation common stock? $80. $40. $60. $20.
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