Which of the Following Statements About Large Stock Dividends Is

Which of the following statements about large stock dividends is true?

A) If the market price of the stock before a 50% stock dividend is $30,the market price after the stock dividend will be $45.
B) If the market price of the stock before a 50% stock dividend is $30,the market price after the stock dividend will be $60.
C) A stockholder who owned 50 shares of stock before the 50% stock dividend,will own 100 shares of stock after the stock dividend.
D) With a 50% stock dividend,Retained Earnings is reduced by the par value of new shares of stock issued.
E) With a 50% stock dividend,Retained Earnings is reduced by the market value of new shares of stock issued.