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O out of 1 points sam owns 5,000 shares of stock in Global X Corporation with a market value of S 15.000 Global X declares a 20% sock dvidend Nte te andend S pad, some Selected Answer: O c. 5.100 shares with a market value of $15,300. Correct Answer: b. 6.000 shares with a market value of $15,000. s
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Answer #1

Shares = 5,000 shares + (5,000 shares * 20%) = 5,000 shares + 1,000 shares = 6,000 shares

Market value = $15,000

After the dividend is paid, Sam owns 6,000 shares with a market value of $15,000.

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