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
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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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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