Question: QUESTION: Assuming that a companys stock has a fair value in excess of its par value, how would the declaration of a 15% stock dividend

QUESTION:Assuming that a companys stock has a fair value in excess of its par value, how would the declaration of a 15% stock dividend by a corporation affect each of the following?

Additional paid-in capital Total stockholders equity
A. Increase No effect
B. No effect No effect
C. No effect Decrease
D. Decrease Decrease

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