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Finance

Problem:

Farrah owns 5,000 shares of stock in DAS, Inc. with a market value of $15,000.DAS declares a 20% stock dividend. After the dividend is paid, Farrah owns

A. 5,000 shares with a market value of $18,000.

B. 6,000 shares with a market value of $18,000.

C. 6,000 shares with a market value of $15,000.

D. 5,100 shares with a market value of $15,300.

Note: Please show how you came up with the solution.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91148564

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