A shareholder who receives a share dividend would: Group of answer choices expect the market price per share to increase. expect retained earnings to increase. own more shares of shares. expect the book value of the shares to change.

The correct answer is: own more shares of shares.

Here's why:

1. When a company issues a share dividend, it distributes additional shares to existing shareholders proportional to their current holdings. So, a shareholder would indeed own more shares after a share dividend.

2. A share dividend doesn't necessarily mean the market price per share will increase. The market price of a share is determined by supply and demand in the market, not directly by the actions of the company.

3. Retained earnings would not increase. Retained earnings are a part of a company's net income that is retained by the company instead of being distributed to the shareholders as dividends. Since a share dividend is a distribution to shareholders, it does not increase retained earnings.

4. The book value of the shares may not change. The book value per share is calculated as total shareholder's equity divided by the number of outstanding shares. When a share dividend is issued, both the numerator (shareholder's equity) and the denominator (number of shares) would increase, so the book value per share may not necessarily change.