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Suppose that, back in the day, my grandmother's arch rival developed a sweet, but unhealthy and highly addictive beverage called Dr. Pepper. Suppose Dr. Pepper,

Suppose that, back in the day, my grandmother's arch rival developed a sweet, but unhealthy and highly

addictive beverage called Dr. Pepper. Suppose Dr. Pepper, Inc. (DPI) went public on the same day that

NSI went public (i.e. July 4th, 1976). Suppose you wanted to diversify your portfolio and bought a

share of DPI on the same day you bought a share of NSI (i.e. November 2, 2005). How many shares

would you have on October 1, 2010, if DPI offered the following stock dividends and stock splits:

1986 - 10 percent stock dividend

2000 - 75 percent stock dividend

2003 - 5-for-4 stock split

2006 - 10- for-1 stock split

2007 - 60 percent stock dividend

2008 - 25 percent stock dividend

2009 - 3-for-4 stock split

A. 15

B. 18

C. 26

D. 150

E. 266

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