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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

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

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