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The company with the common equity accounts shown here has declared a four-for-one stock split when the market value of its stock is $43 per

The company with the common equity accounts shown here has declared a four-for-one stock split when the market value of its stock is $43 per share. The firms 75-cent per share cash dividend on the new (postsplit) shares represents an increase of 10 percent over last years dividend on the presplit stock.

Common stock ($1 par value) $ 385,000
Capital surplus 846,000
Retained earnings 3,720,800
Total owner's equity $ 4,951,800

What is the new par value per share? (Round your answer to 2 decimal places. (e.g., 32.16))

New par value $ per share

What was last year's dividend per share? (Round your answer to 2 decimal places. (e.g., 32.16))

Dividend per share $

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