Question: Question 2 3 ( 3 . 5 points ) What effect does the issuance of a 3 - for - 1 stock split have on

Question 23(3.5 points) What effect does the issuance of a 3-for-1 stock split have on each of the following? Par Value per Share Retained Earnings a) Decrease No effect b) No effect No effect C) Increase No effect d) Decrease Decrease Question 24(3.5 points) Reich, Inc. issued bonds with a maturity amount of $200,000 and a maturity ten years from the date of issue. If the bonds were issued at a premium, this indicates that a) the effective yield or market rate of interest exceeded the stated (nomunal) rate b) the nomnal rate of interest exceeded the market rate c) the market and zominal rates coincuded d) no necessary relationship exista between the tiro rates

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