Your firm is planning a 2 for 1 stock split. The market price for the stock has been $84. The table below presents the equity portion of your firm's balance sheet before the split. Common stock

Par value (1 million shares outstanding; $4 par value) $ 4,000,000

Paid-in capital 16,000,000

Retained earnings 30,000,000

Total equity $50,000,000

a.) After the stock split, the number of shares outstanding, their par value and the total common stock account will stand at?

b.) Immediately after the stock split, the stock price will be approximately

c.) Immediately after the stock split, an investor who owned 100 share before the split will own