Aunt Jemima owns 1600 shares in Oohay Corporation common stock. Oohay has just declared a stock dividend. If Aunt Jemima ends up with 2000 shares afterwards, what percentage stock dividend was declared? Select one: a. 15% b. 20% c. 25% d. 30% e. 35%
Aunt Jemima owns 1600 shares in Oohay Corporation common stock. Oohay has just declared a stock dividend. If Aunt Jemima ends up with 2000 shares afterwards, what percentage stock dividend was declared? Select one: a. 15% b. 20% c. 25% d. 30% e. 35%
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Aunt Jemima owns 1600 shares in Oohay Corporation common stock. Oohay has just declared a stock dividend. If Aunt Jemima ends up with 2000 shares afterwards, what percentage stock dividend was declared?
Select one:
a. 15%
b. 20%
c. 25%
d. 30%
e. 35%
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