Winters Company has announced that it will distribute a 15% common stock dividend on its $10 par value common stock that is currently selling for $75 per share. Upon receiving the new shares, a common stockholder will have increased his/her ownership value by
(Points : 2)
zero
15% of the par value of shares owned before the stock dividend
15% of the market value of the shares owned before the stock dividend
15% of the difference between par value and market value of the shares owned before the stock dividend