Multiple Choice
Assume Company X has been paying out consistent dividends over the past 40 years. This fiscal year, the company reports a sharp decline in the dividend it plans to pay out. The most likely reaction of the market will be:
A) Company X's stock price will decrease
B) Company X's stock price will increase initially and then decline
C) Company X's stock price will remain constant
D) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
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