A company has 50,000,000 shares outstanding and a share price of $25.00 per shareIt issues a 10% stock dividend to please its stockholders.

What is the new number of shares outstanding and the new price per share?

A. 105,000,000 shares at $11.90 per share

B. 62,500,000 shares at $20,00 per share

C. 55,000,000 shares at $22.73 per share

D. 55,000,000 shares at 27.50 per share