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Which of the following statements about dividend payments is correct? the price of the dividend paying firm will not change on the declaration date if

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Which of the following statements about dividend payments is correct? the price of the dividend paying firm will not change on the declaration date if the announced dividend equals the market's expected dividend the price of the dividend paying firm will fall of the announced dividend exceeds the expected dividend the dividend paying firm's price normally rises between the last) with dividend date and the first) ex dividend date The price of the dividend paying form falls on the payment date because this is the date on which the firm disburses cash

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