Quron 10 Not yet and Marked out of 2.00 Photo Support Outstanding Shares Pearce & Company has 16 million shares of $5 par value common stock outstanding. The company believes that its current mari et price of 5100 per share is too high and decides to execute a 2-for-1 forward stock split to lower the price How many shares will be outstanding following the stock split? million What will be the new par value per shares Previous Save Answers Next le om hulu MacBook Air 8 . + $ 4 % 5 3 6 7 8 9 0 E R T Y U P F G H J K L