Angies just declared a 5 percent small stock dividend prior, Ask an Expert

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Angie's just declared a 5 percent (small) stock dividend. Prior to the dividend, the stock had a $1 par value per share, a $15 book value per share and a $15 market value per share. As a result of this dividend, the:

Why the capital in excess of par value account will increase in value.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M93054318

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