Redmi, SAOG has issued and paid up capital of OMR 6 million OMR 1 par value common stock. The current market price of the each share is OMR 7. The company board decided to have a 2-for-1 stock split. Determine the Par value per share after Stock split.

a.

6 OMR

b.

1 OMR

c.

8 OMR

d.

0.500 OMR