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What will probably happen to par value per share of value

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Reference no: EM132465628

Assume that you own 102 shares of $12 par value common stock of a company and the company has a 2-for-1 stock split when the market price per share is $50.

Required:

Question 1: How many shares of common stock will you own after the stock split?

Question 2: What will probably happen to the market price per share of the stock?

Question 3: What will probably happen to the par value per share of the stock?

Reference no: EM132465628

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