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The signaling effect refers to A. A signal sent by managers to the auditors to inform them of the dividend. B. A signal sent by

The signaling effect refers to

A. A signal sent by managers to the auditors to inform them of the dividend.

B. A signal sent by Auditors to inform shareholders of the dividend.

C. The signal sent to the market by a company announcing their dividend for the year.

D. A warning announcement that a firm will make less profit than expected.

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