Heidi owns 400 shares of Boyd Enterprises stock,which is valued at $17 a share.Boyd Enterprises just declared a 10 percent stock dividend.How many shares will Heidi own and what will the price per share be after the dividend?
A) 360; $15.45
B) 360; $18.70
C) 440; $15.45
D) 440; $17.00
E) 440; $18.70
Correct Answer:
Verified
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