Answer:
the price of the stock today is $41.43
Explanation:
The computation of the price of the stock today is shown below:
= Selling price per share ÷ stock split ratio
where,
Selling price per share is $145
And, the stock split ratio is 7 for 2
Now place these values to the above formula
So, the price of the stock today is
= $145 ÷ 7 ÷ 2
= $41.43
Hence, the price of the stock today is $41.43
Therefore the correct option is a
