I'm having trouble with this math problem! Please help?!?

Question

Nat Jones owned 500 shares of stock in a corporation that declared a 10% stock dividend when the market was 38. (A) find the number of shares of stock he received and (B) the current value of his dividend.


I don't know where to begin,I am really stuck on this problem.!

Answer 1

He got 50 shares (10 percent of what he held before the split). 50 shares are worth $1900.