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Question
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 ownsA) 6,000 shares with a market value of $18,000.
B) 6,000 shares with a market value of $15,000.
C) 5,100 shares with a market value of $15,300.
D) 5,000 shares with a market value of $18,000.
Answer
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