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Dusty Saddles stock was trading at $150 per share before its recent 4-for-1 stock split. The 4-for-1 split led to a 10 percent increase in

Dusty Saddles stock was trading at $150 per share before its recent 4-for-1 stock split. The 4-for-1 split led to a 10 percent increase in Dustys market capitalization. (Market capitalization equals the stock price times the number of shares.) What was Dusty's price after the stock split? Select one: a. $545.45 b. $ 37.50 c. $ 34.09 d. $ 41.25 e. $660.00

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