Which of the following occurs due to a 4-for-1 stock split?
A) The par value of each share of common stock is 25% of the par value before the split.
B) The par value of each share of common stock is 200% of the par value before the split.
C) The par value of each share of common stock remains the same as before the split.
D) The par value of each share of common stock is 400% of the par value before the split.
Correct Answer:
Verified
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