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The board of directors of a corporation announces a 2-for-1 stock split on 20,000 shares of $15 par common stock outstanding. Which of the following

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The board of directors of a corporation announces a 2-for-1 stock split on 20,000 shares of $15 par common stock outstanding. Which of the following situations represents the outcome. O par value remains the same O par value increases to $30 O outstanding shares increase to 40,000 outstanding shares decrease to 10,000

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