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What the par value per share of common stock will equal

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Reference no: EM132781339

Problem 1: Halseth Corporation has 100,000 shares of $12 par value common stock. If the firm declares a 4 for 1 stock split, the par value per share of common stock will equal:

a. $3
b. $48
c. $4
d. $6

Reference no: EM132781339

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