A corporation has 50000 shares of 25 par value stock
Question - A Corporation has $50,000 shares of $25 par value stock outstanding that has a value of $120. If the corporation issues a 5-for-1 stock split, the par value of the stock will be:
a. $5
b. $60
c. unchanged
d. $24
Now Priced at $20 (50% Discount)
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