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Martin Motors recently completed a 2-for-1 stock split. Prior to the split, the company had 10 million shares outstanding and its stock price was $150

Martin Motors recently completed a 2-for-1 stock split. Prior to the split, the company had 10 million shares outstanding and its stock price was $150 per share. After the split, the total market value of the companys stock equaled $1.5 billion. What was the price of the companys stock following the stock split?

Select one:

a. $ 15

b. $ 50

c. $ 75

d. $150

e. $450

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