Docs a stock dividend increase an investor's personal wealth immediately? a. no. because the stock price falls
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Docs a stock dividend increase an investor's personal wealth immediately?
a. no. because the stock price falls when a stock dividend is issued
b. yes, because the investor has more shares
c. yes. because the investor acquired additional shares without paying a brokerage fee
d. yes. because the investor will receive more in cash dividends by owning more shares
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Related Book For
Financial Accounting
ISBN: 9780073208145
5th Edition
Authors: Robert Libby, Patricia Libby, Daniel Short
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