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What are the number of shares

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Question - On June 30, the board of directors of Sandals, Inc., declares a 2-for-1 stock split on its 20,000, $1 par, common stock. The market price of Sandals common stock is $25 on June 30.

What are the number of shares, par value per share, and market price per share immediately after the 2-for-1 stock split?

Reference no: EM131797565

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