Multiple Choice
Nontaxable stock dividends result in:
A) A higher cost per share for all shares than before the stock dividend.
B) A lower cost per share for all shares than before the stock dividend.
C) An increase in the total cost of the old and new stock combined.
D) A decrease in the total cost of the old and new stock combined.
Correct Answer:
Verified
Correct Answer:
Verified
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