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QZinc Furniture has 270,000 shares of stock outstaniding with a par value of $0.50 per share. The current market value of the firm is $11,345,000.

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QZinc Furniture has 270,000 shares of stock outstaniding with a par value of $0.50 per share. The current market value of the firm is $11,345,000. The balance sheet shows a balance of $8,142,000 in the capital in excess of par value account and retained earnings of $2,234,000. The company just announced a 5 -for-2 stock split. What will be the market price per share after the split? $16.81 $33.62 $105.05 $19.47 $33.00

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