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QUESTION 6 (20 marks) (a) Many Australian companies with a history of paying regular cash dividends, delayed, cut or stopped paying dividends in mid-2020. Many

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QUESTION 6 (20 marks) (a) Many Australian companies with a history of paying regular cash dividends, delayed, cut or stopped paying dividends in mid-2020. Many started paying dividends again late in 2020 or in early 2021. 1. Discuss the likely impact on share price of the information content in a company's announcement about the restart of regular dividends. (7 marks) II. Explain what would have happened to the share price on the company's ex- dividend date, assuming no other events (3 marks) Answers

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