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A customer previously entered an open order to buy 500 shares of XYZ at $40 that was accepted by a brokerage firm. If XYZ announced

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A customer previously entered an open order to buy 500 shares of XYZ at $40 that was accepted by a brokerage firm. If XYZ announced a 10% stock dividend, how will the order be adjusted on the ex-dividend date? 500 shares of xyz at $3636 The order would be canceled 500 shares of XYZ at $40 550 shares of XYZ at $36.36 The consolidated Tape shows all of the following except Common stocks Bonds Preferred stocks Warrants

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