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What effect does the issuance of a 2-for-1 stock split have on par value per share and retained earnings? Increases par value per share and

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What effect does the issuance of a 2-for-1 stock split have on par value per share and retained earnings? Increases par value per share and no effect on retained earnings Decreases par value per share and no effect on retained earnings Decreases par value per share and decreases retained earnings No effect on par value per share or retained earnings

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