LaMike Owns 1,000 Shares of DAS,Inc

Multiple Choice

LaMike owns 1,000 shares of DAS,Inc.'s common stock.The stock has a par value of $1 per share and is currently selling for $80 per share.DAS declares a 20% stock dividend.In a perfect capital market,after the dividend Sam will have

A) 1,200 shares selling for $66.67 each.
B) 1,020 shares selling for $80.80 each.
C) 1,200 shares selling for $96.00 each.
D) 1,020 shares selling for $64.00 each.