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TABLE 2-13
The table below contains the opinions of a sample of 200 people broken down by gender about the latest congressional plan to eliminate anti-trust exemptions for professional baseball.
-Referring to Table 2-13, ________ percent of the 200 were not neutral.
Stock Price
This is the current price at which a share of a company is bought or sold in the market.
Insolvent Firm
A business that cannot meet its financial obligations as they come due because its liabilities exceed its assets.
Prior Earnings
The amount of profit a company made in a preceding period, often used as a benchmark or comparison for current financial performance.
Dividend Irrelevance Theory
The theory that suggests that dividend policy has no effect on either the price of a firm's stock or its cost of capital.
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