Question: On May 1 s t , you own 1 , 0 0 0 shares of stock in the Corporation. On July 1 s t ,

On May 1st, you own 1,000 shares of stock in the Corporation. On July 1st, the Corporation declares a stock dividend: existing stockholders will receive 10 percent of the amounts of stock they currently hold. Later that same year on October 1st, the Corporation declares cash dividend of $.35 per share. On December 1st, you refeceive a check for the cash dividends worth a total of:
$250.
$100.
$275.
$385.
 On May 1st, you own 1,000 shares of stock in the

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