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How many shares each one will have

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Question - Let's assume you opened a corporation and the state, in which you incorporated your firm authorized 800 million shares. The par value or nominal value of each share is $1. You invested $100,000 and 4 of your friends invested $50,000 each. How many shares each one will have? And what are the number of outstanding shares in this case? What if the par value is $0.05 per share?

Reference no: EM132855271

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