On 1 January 2013, Parquet Sales Issued 40 000 Ordinary

On 1 January 2013, Parquet Sales issued 40 000 ordinary shares at $1.00 per share. In mid- 2014, due to dramatic increases in profits, the share reached a market value of $20 per share. The board of directors approved a 2- for- 1 share split. After the share split, what will the market value of the share be?

A) $19.00 per share
B) $40.00 per share
C) $10.00 per share
D) $0.50 per share