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QUESTION 9 A corporation has 50,000 shares of $25 par stock outstanding that has a current market value of $120. If the corporation issues a

QUESTION 9 A corporation has 50,000 shares of $25 par stock outstanding that has a current market value of $120. If the corporation issues a 5-for-1 stock split, the par value of the stock after the split will be O a. $25 O b. $60 O d. $24

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