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The Pecos Paving Co. was formed last year by selling 6.1 million shares of stock. Currently, total equity is $550 million with a common stock

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The Pecos Paving Co. was formed last year by selling 6.1 million shares of stock. Currently, total equity is $550 million with a common stock account of 10.675 million and retained earnings of 54.375 million A. What was the orginal stock price? B. What is the par value of the stock

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