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ryder inc. just announced it is lowering its annual dividen from 1.75 per share to 1.60 per share effective immediately. if the dividen yield remains

ryder inc. just announced it is lowering its annual dividen from 1.75 per share to 1.60 per share effective immediately. if the dividen yield remains the same, then you know the stock price: -increased proportionately with the dividend decrease -was unaffected by announcement -increased by .15 per share -decrease by .15 per share -deecreased proportionately with dividend decrease

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