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Q13) Ewha Corp just announced it is decreasing its annual dividend $1.64 per share to $1.50 per share effective im mediately. If the dividend yield

Q13)\ Ewha Corp just announced it is decreasing its annual dividend

$1.64

per share to

$1.50

per share effective im mediately. If the dividend yield remains at its pre-announcement level, then you know the stock price: one:\ a.was unaffected by the announcement.\ b.increased proportionately with the dividend decrease.\ c.decreased proportionately with the dividend decrease.\ d.decreased by

$0.14

per share.\ e.None of the above

image text in transcribed
Ewha Corp just announced it is decreasing its annual dividend $1.64 per share to $1.50 per share effective im mediately. If the dividend yield remains at its pre-announcement level, then you know the stock price: one: a.was unaffected by the announcement. b.increased proportionately with the dividend decrease. c.decreased proportionately with the dividend decrease. d.decreased by $0.14 per share. e.None of the above

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