Dividend payout

John owns 500 shares of stock in Zebar Corporation with a market value of $2,000. Zebar declares a 10% stock dividend. After the dividend is paid, John owns
Answer a. 550 shares with a market value of $2,000. b. 500 shares with a market value of $2,200. c. 550 shares with a market value of $2,200. d. 550 shares with a market value of $2,050.

 

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