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The market value of Yeates Corporation's common stock had become excessively high. The stock wes currently selling for $220 per share. To reduce the market

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The market value of Yeates Corporation's common stock had become excessively high. The stock wes currently selling for $220 per share. To reduce the market price of the common stock, Yeates declared a 4 for 1 stock split for the 330,000 outstanding shares of its $10 par value common stock Required b. Determine the number of common shares outstanding and the par value after the split (Round par value onswer to 2 decimal places.) Number of common shares outstanding Par value por share after the split

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