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QUESTION
as 5,000,000 shares outstanding that are valued at $8 per share, how many shares will be outstanding after the company performs a 3-for-1 stock split?...
If a company has 5,000,000 shares outstanding that are valued at $8 per share, how many shares will be outstanding after the company performs a 3-for-1 stock split?
A. 15,000,000
B. 10,000,000
C. 1,650,000
D. 5,000,000
