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The Poace River Corporation has 52,000 sharos of stock outstanding at a market price of $41 a share. The company has just announced a stock

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The Poace River Corporation has 52,000 sharos of stock outstanding at a market price of $41 a share. The company has just announced a stock split of five-for-three. How many shares of stock will be outstanding after the splt? Select one: O A. 66,667 shares O O O B.31,200 shares C. 52,000 shares D. 86,667 shares E. 62,400 shares

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