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Suppose a company fully financed with equity has a market cap of $1 million. There are 10,000 shares outstanding. If it pays $50,000 in dividends

Suppose a company fully financed with equity has a market cap of $1 million. There are 10,000 shares outstanding. If it pays $50,000 in dividends what will be percentage change the market cap of the company after the dividends are paid? Report the answer without the % sign. Use the minus sign if your answer is negative.

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