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In 2004, Microsoft had an exceptionally profitable year. Since management was uncertain about whether future years would be as successful they declared a(n) ________ in

In 2004, Microsoft had an exceptionally profitable year. Since management was uncertain about whether future years would be as successful they declared a(n) ________ in order to share the firm's good fortune with their shareholders.

  1. Distribution.
  2. Increase in the regular cash dividend.
  3. Liquidating dividend.
  4. Stock dividend.
  5. Extra dividend.

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