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ABC CorpStock Is Selling for $30 Per Share When a 10

Question 74

Multiple Choice

ABC Corp.stock is selling for $30 per share when a 10% stock dividend is declared.If you own 100 shares of ABC Corp.then you will receive:


A) shares valued at $3 each.
B) $3 times 100 shares = $300 cash.
C) $300 plus 10 shares of ABC Corp.
D) 10 shares of ABC Corp.

Correct Answer:

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