Kaylor's Tool Shoppe Has 16,000 Shares of Stock Outstanding at a Market

Kaylor's Tool Shoppe has 16,000 shares of stock outstanding at a market price of $2 a share.Which one of the following stock splits should the firm declare if it wants to increase the stock price to exactly $15 a share? Ignore any taxes or market imperfections.

A) 15-for-2 stock split
B) 8-for-1 stock split
C) 1-for-7 reverse stock split
D) 2-for-15 reverse stock split
E) 1-for-8 reverse stock split