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What will market price per share be immediately split

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Reference no: EM13538665

Stock Split. The Simpson Company has 50,000 shares of common stock having a par value of $12 per share. The board of directors decided on a 2-for-1 stock split. The market price of the stock was $20 before the split.

(a) Record the stock split. (b) What will the market price per share be immediately after the split?

Reference no: EM13538665

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