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In an efficient market, when should the stock price react to the value
consequences of a dividend change? Discuss the effect both on the total return and on the capital gain. Which should be larger?
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davie
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davie2021-03-09 14:07:482021-03-09 14:07:48In an efficient market, when should the stock price react to the value consequences of a dividend change? Discuss the effect both on the total return and on the capital gain. Which should be larger?