RST had the following shareholders and the shares owned by each on November 15:
On that date,RST declared a 1 for 2 common stock dividend.The stock was selling for $10 per share.RST issued fractional share rights when necessary.RST had to issue which of the following number of fractional share rights:
A) More than three.
B) Three.
C) Two.
D) One.
Correct Answer:
Verified
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