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49. Your portfolio is10 shares of Your Morning Coffee, Inc. The stock currently sells for $173 per share. The company has announced a dividend of

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49. Your portfolio is10 shares of Your Morning Coffee, Inc. The stock currently sells for $173 per share. The company has announced a dividend of $1 per share with an ex-dividend date of December 21th. Other things equal and assuming no taxes, what will your total value of Your Morning Coffee shares be worth on December 22? a. 1,730 b. 1,720 C. 1,740 d. 1,710 50. Signaling occurs in changes in dividends and in changes in stock repurchase plans. Which is likely to be viewed as a bad signal likely causing a decline in the share price? a. An expected increase in a cash dividend. b. An announcement of a plan to repurchase $10 million worth of shares by a firm. An unexpected increase in the cash dividend. d. An announcement that the cash dividend will not change, but people thought it would increase. C

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