Multiple Choice
On December 10, Daniel Co. split its stock 5-for-2 when the market value was $65 per share. Prior to the split, Daniel had 200,000 shares of $15 par value stock. After the split, the par value of the stock was
A) $3.
B) $6.
C) $15.
D) $26.
Correct Answer:
Verified
Correct Answer:
Verified
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