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Business, 30.11.2019 02:31 juicemankinnie95

Abbott corporation splits its common stock 4 for 1, when the market value is $40 per share. prior to the split, abbott had 50,000 shares of $10 par value common stock issued and outstanding. after the split, the par value of the

a. remains the same.
b. is reduced to $2 per share.
c. is reduced to $2.50 per share.
d. is reduced to $10 per share.

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Abbott corporation splits its common stock 4 for 1, when the market value is $40 per share. prior to...
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