According to the signaling theory, what is symmetric information? The situation in which investors and managers have identical information about the firm's prospects The situation in which employees and managers have identical information about the firm's prospects The situation in which investors and creditors have identical information about the firm's prospects The situation in which managers have different (better) information about their firm's prospects than outside investors The theory that investors regard dividend changes as signals of management's earnings forecasts is called the information content or signaling hypothesis stock splits theory capital structure effect weighted average hypothesis A____ effect might exist if investors are attracted to certain companies because they have particular dividend policies. residual clientele O signal free cash flow O relevance Sunshine Corp. announces a 2-for-1 stock split for its shares trading at $100. If the current number of shares outstanding is 200,000, then the new market price of the share will be $100 $300 $50 $20 $70