Your client owns 100 shares of CCC at $25. CCC declares a 25% stock dividend. After the ex-date, what will he own?
125 shares.
100 shares.
Cost of $25.
Cost of $20.
A) I and II.
B) II and III.
C) II and IV.
D) I and IV.
Answer: D) I and IV.
Investments MCQ
Equity Securities
Your client owns 100 shares of CCC at $25. CCC declares a 25% stock dividend. After the ex-date, what will he own?