Solved: Stock dividends and stock splits do not affect the wealth, Accounting Basics

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Stock dividends and stock splits do not affect the wealth

Question: Stock dividends and stock splits do not affect the wealth of shareholders in a perfect world. We continue to see the share price responding favorably to suhannouncements. Explain the reason for such behavior? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Accounting Basics: Stock dividends and stock splits do not affect the wealth

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Accounting Basics: Stock dividends and stock splits do not affect the wealth

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