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XYZ Company has 30,000 shares of $3 par common stock outstanding, which are currently trading at $150 per share. If the company declares a 3-for-1

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XYZ Company has 30,000 shares of $3 par common stock outstanding, which are currently trading at $150 per share. If the company declares a 3-for-1 stock split, what is the new number of shares outstanding and the new market price? Shares outstanding after stock split Market price after stock split

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