Tellabs Distributes a 15% Stock Dividend

question 149

Multiple Choice

Tellabs distributes a 15% stock dividend. Before distributing the stock dividend, Tellabs had 15 million shares. How many outstanding shares does the firm have after it makes the stock dividend distribution?

• A)15 million shares
• B)17 million shares
• C)17.25 million shares
• D)17.50 million shares
• E)none of the above

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Definitions:

Confidence Coefficient

The probability that a confidence interval will contain the true parameter value.

Population Proportion

The portion of members in a population that exhibit a specific characteristic, typically expressed as a fraction or percentage.

Population Variance

A measure of the dispersion of a set of data points in a population, indicating how much the members of the population differ from the mean value.

Confidence Interval

A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter, expressed with a certain level of confidence.