Helena Corporation declared a 2-for-1 stock split on 8,000 shares of $6 par value common stock. If the market price of the stock had been $25 a share before the split, the par value, number of shares, and approximate market value after the split would be:
A.
B.
C.
D.
A) Choice A
B) Choice B
C) Choice C
D) Choice D
Correct Answer:
Verified
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