Engines, Inc. declares a

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stock split. The stock currently sells for $3 a share. A shareholder who owned 1000 shares of stock prior to the split will now own

A.

250 shares valued at about $7.50 a share.

B.

250 shares valued at about $1.20 a share.

C.

400 shares valued at about $7.50 a share.

D.

40 shares valued at about $1.20 a share.