SIE - Securities Industry Essentials Exam

Training Mode

Unit 1 Unit 2 Unit 3 Unit 4

CDE Corporation just declared a 10% stock dividend. Your client owns 600 shares at an average price of $20. What is your client's new position in CDE?

660 shares at $18.18 per share

A

600 shares at $18.18 per share

B

600 shares at $20 per share

C

$660 shares at $20 per share

D