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Harris Corporation has $127 million in cash, and 55 million shares outstanding. Suppose the corporate tax rate is 25%, and investors pay no taxes on

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Harris Corporation has $127 million in cash, and 55 million shares outstanding. Suppose the corporate tax rate is 25%, and investors pay no taxes on dividends, capital gains, or interest income. Investors had expected Harris to pay out the $127 million through a share repurchase. Suppose instead that Harris announces it will permanently retain the cash, and use the interest on the cash to pay a regular dividend. If there are no other benefits of retaining the cash, how will Harris' stock price change upon this announcement

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