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Assuming the issuing company has only one class of stock, a transfer from retained earnings to capital stock equal to the market value of the

Assuming the issuing company has only one class of stock, a transfer from retained earnings to capital stock

equal to the market value of the shares issued is ordinarily a characteristic of

a. Either a stock dividend or a stock split

b. Neither a stock dividend nor a stock split

c. A stock split but not a stock dividend

d. A stock dividend but not a stock split

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