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SafeRoadB has 3,000 shares of stock outstanding with a par value of $1 per share and a market price of $54 a share. The firm

SafeRoadB has 3,000 shares of stock outstanding with a par value of $1 per share and a market price of $54 a share. The firm just announced a 5-for-2 stock split. How many total shares will be outstanding after the split?

Group of answer choices

a. 7,500

b. 1,200

c. 1,800

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