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Which one of the following is the best example of an announcement that is most apt to result in an unexpected return? Question 3 options:

Which one of the following is the best example of an announcement that is most apt to result in an unexpected return?

Question 3 options:

1)

A news bulletin that the anticipated layoffs by a firm will occur as expected on December 1

2)

Announcement that the CFO of the firm is retiring June 1 as previously announced

3)

Announcement that a firm will continue its practice of paying a $3 a share annual dividend

4)

Statement by a firm that it has just discovered a manufacturing defect and is recalling its product

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