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What will be the number of shares outstanding after split

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Question - Jonick Corporation had 26,000 shares of common stock outstanding, declared a 4-for-1 stock split (3 additional shares for each share issued).

What will be the number of shares outstanding after the split?

If the common stock had a market price of $156 per share before the stock split, what would be an approximate market price per share after the split?

Reference no: EM132186689

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