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  3. (13 of 20) rasperry has 62,000 shares of $11.00

(13 of 20) Rasperry has 62,000 shares of $11.00 par common stock outstanding....

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Accounting

(13 of 20)
Rasperry has 62,000 shares of $11.00 par common stock outstanding. Raspberry announces a stock split of 4-for-1.
What is the new par value per share after the stock split?
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