Mark Purchased 2,000 Shares of Darcy Corporation for $13,200

question 111

Multiple Choice

Mark purchased 2,000 shares of Darcy Corporation for $13,200.This year,Darcy declared a 10% nontaxable stock dividend,and Mark received 200 shares.After the dividend Mark's per share basis will be

• A)$6.00.
• B)$6.57.
• C)$6.60.
• D)$7.26.

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