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A stock dividend a. is basically the same as a stock repurchase. b. is generally expressed as a ratio, such as 3-for-1. c increases the

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A stock dividend a. is basically the same as a stock repurchase. b. is generally expressed as a ratio, such as 3-for-1. c increases the number of shares outstanding, but does not affect shareholder wealth. d. of 30 percent or less is called a small stock dividend. e.reduces both the cash balance and the book value of equity

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