Assume You Own 300 Shares of ABC Stock and Receive

question 67

Multiple Choice

Assume you own 300 shares of ABC stock and receive a stock dividend of 5 percent.As a result,the number of shares you own will change to ________ shares while your total wealth will increase by ________ percent.

• A)305; 5
• B)315; 0
• C)305; 0
• D)315; 5
• E)300; 5

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Definitions:

Public Entertainment

Activities or performances designed for the enjoyment of the public, often accessible to a wide audience and including events such as concerts, movies, and sporting events.

Dominant Strategy

A strategy that yields the best payoff for a player, regardless of what strategies other players use.

Wealth

The total value of all the economic resources owned by an individual or entity.

Contribute

To give something, such as time, money, or resources, towards a common goal or cause, often for the benefit of a larger group or project.