Sorsi Has Declared a 15% Stock Dividend

question 52

Multiple Choice

Sorsi has declared a 15% stock dividend. If the stock was selling for $34 before the ex-dividend date, what should its price be on the ex-dividend date?

• A) $34.00
• B) $29.57
• C) $28.90
• D) $30.91

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Definitions:

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition, is a handbook used by healthcare professionals as the authoritative guide to diagnose mental disorders.

Personality Disorder

A type of mental disorder characterized by enduring maladaptive patterns of behavior, cognition, and inner experience, shown across many contexts and deviating markedly from those accepted by the individual's culture.

Cultural Norms

Shared expectations and rules that guide behavior of people within social groups.

Borderline Personality Disorder

A mental disorder marked by a pattern of ongoing instability in moods, behavior, self-image, and functioning, often resulting in impulsive actions and unstable relationships.