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The Iron Bank in Bravos has been NYSE listed since 1995 and has paid regular quarterly dividends for the last 10 years. The Iron Bank

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The Iron Bank in Bravos has been NYSE listed since 1995 and has paid regular quarterly dividends for the last 10 years. The Iron Bank announced yesterday that it cut its quarterly dividend by 60%. The stock price fell from $56 to $50 when the announcement was made (no other news was announced by the firm). What is the apparently negative news contained or signaled by the Iron Bank managers in this dividend decrease announcement

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