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What effect does the issuance of a 5% stock dividend have on Par Value per Share and Retained Earnings, respectively? Select one: a. No effect,

What effect does the issuance of a 5% stock dividend have on Par Value per Share and Retained Earnings, respectively?

Select one: a. No effect, No effect b. Increase, No effect c. Decrease, No effect d. Decrease, Decrease e. No effect, Decrease

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