$28.$You own $30$ shares of Northern Light's stock, which currently sells for $$600$ a share. The

company is contemplating a $3-$for$-1$ stock split. What will your position be after such a split

takes place?

a$.$ You will have $90$ shares of stock, and the stock will trade at or near $$1800$ a share.

b$.$ You will have $90$ shares of stock, and the stock will trade at or near $$200$ a share.

C$.$ You will have $10$ shares of stock, and the stock will trade at or near $$1800$ a share.

d$.$ You will have $10$ shares of stock, and the stock will trade at or near $$200$ a share.