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Happy Monkey Manufacturing currently has 15,000 shares of common stock outstanding. Its management believes that its current stock price of $105 per share is too

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Happy Monkey Manufacturing currently has 15,000 shares of common stock outstanding. Its management believes that its current stock price of $105 per share is too high. The company is planning to conduct stock splits in the ratio of 3 for 1 as described in the animation. If Happy Monkey Manufacturing deciares a 3-for-1 stock split, the price of the company's stock after the split, assuming that the total value of the firm's stock remains the same after the split, will be per share. 77,000 shares 73,150 chares B0,850 shares 57,750 shares

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