Convert the Stock Price to Decimal Notation and to Decimal $\$ 42 \frac{7}{8}$

Multiple Choice

Convert the stock price to decimal notation and to decimal notation rounded to the nearest hundredth.
-The stock price of a bank rose to $\$ 42 \frac{7}{8}$ per share after a merger with another bank.

A) $\$ 42.875 ; \$ 42.88$
B) $\$ 42.825 ; \$ 42.83$
C) $\$ 42.875 ; \$ 42.87$
D) $\$ 42.825 ; \$ 42.82$