You own 100 shares of GHI Corporation's stock, which currently sells for $120 a share. The company is about to declare a 2-for-1 stock split. Which of the following best describes your likely position after the split?

Select one:

a. You will have 200 shares of stock, and the stock will trade at or near $120 a share.

b. You will have 200 shares of stock, and the stock will trade at or near $60 a share.

c. You will have 100 shares of stock, and the stock will trade at or near $60 a share.

d. You will have 50 shares of stock, and the stock will trade at or near $120 a share.

e. You will have 50 shares of stock, and the stock will trade at or near $600 a share.