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Aljabal, SAOG has issued and paid up capital of OMR 7 million OMR 1 par...

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Accounting

Aljabal, SAOG has issued and paid up capital of OMR 7 million OMR 1 par value common stock. The current market price of the each share is OMR 8. The board of directors of the company decided to have a 4-for-1 stock split. Determine the market value of each share after Stock split.
a.
OMR 2
b.
None of the options
c.
OMR 8
d.
OMR 1

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