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Business, 26.11.2019 21:31 hannahgracew12

Outstanding shareswillis & company has 20 million shares of $1 par value common stock outstanding. the company believes that its current market price of $100 per share is too high and decides to execute a 4-for-1 forward stock split to lower the price. how many shares will be outstanding following the stock split? what will be the new par value per share?

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Outstanding shareswillis & company has 20 million shares of $1 par value common stock outstandi...
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