Question: David Motors recently completed a 3-for-2 stock split. Prior to the split, the company had 10 million shares outstanding and its stock price was $150

David Motors recently completed a 3-for-2 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?

$150

$ 45

$450

$300

$100

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