In a three for two stock split for a company that previously had 2 million shares outstanding selling at $100 per share and a total market value of $200 million, which of the following is true:

a)The number of outstanding shares will increase to 1.5 million, and the stock price will drop to $66.67

b) The number of outstanding shares will increase to 3 million, and the stock price will rise to $133.33

c) The number of outstanding shares will drop to 666,666, and the stock price will increase to $150

d) The number of outstanding shares will increase to 3 million, and the stock price will drop to $66.67

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