Stansfield, Inc. currently has 400,000 shares of stock outstanding, each with a market prrice of $20 and a par value of $2. The firm would prefer to have its stock trade at a value of between $30 and $35 per share. Of the following choices, which would allow the firm to achieve its objective? Explain your answer please.

A) The firm should execute a 2-for-1 stock split B) The firm should execute a 50% stock dividend C) The firm should execute a 1-for-2 reverse stock split D) The firm should execute a 2-for-3 reverse stock split E) The firm should pay a $2 per share cash dividend