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What effect do stock dividends have on firm value? a. They increase total firm value because more shares are outstanding. b. They have no effect
What effect do stock dividends have on firm value?
a. | They increase total firm value because more shares are outstanding. | |
b. | They have no effect on firm value. | |
c. | They decrease total firm value because EPS is lowered. | |
d. | They increase total firm value because each shareholder has a larger share of the firm. |
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