Question $14$

LaMike owns $1,000$ shares of DAS, Inc's common stock. The stock has a par value of $$1$ per share and is currently selling for $$80$ per share. DAS declares a $20\%$ stock dividend. In a perfect capital market, after the dividend Sam will have

$1\mathrm{.}020$ shares selling for $$64\mathrm{.}00$ each.

$1,200$ shares selling for $$66\mathrm{.}67$ each.

$1,200$ shares selling for $$96\mathrm{.}00$ each.

$1,020$ shares selling for $$80\mathrm{.}80$ each.