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On June 30, the board of directors of Sandals, Inc., declares a 5-for-1 stock split...

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Accounting

On June 30, the board of directors of Sandals, Inc., declares a 5-for-1 stock split on its 27,000, $3 par, common shares. The market price of Sandals common stock is $100 on June 30.

What are the number of shares, par value per share, and market price per share immediately after the 5-for-1 stock split?

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