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Two stocks that you invest in disclose their payout plans today. A) Stock X announces a dividend cut plan. How do you interpret the signals

Two stocks that you invest in disclose their payout plans today. A) Stock X announces a dividend cut plan. How do you interpret the signals delivered by this announcement, and what will you do? B) Stock Y announces a share repurchases plan. How do you interpret the signals delivered by this announcement, and what will you do?

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