The dollar value assigned to a stock dividend is the market value,on the declaration date,of the shares to be distributed as a stock dividend.

Name: The dollar value assigned to a stock dividend is the market value,on the declaration date,of the shares to be distributed as a stock dividend.
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Quizplus · Accepted Answer

This is true. The dollar value assigned to a stock dividend is calculated based on the market value of the shares to be distributed on the declaration date.

The Dollar Value Assigned to a Stock Dividend Is the Market