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Before the cultivation of the apple tree, apple maggot flies laid their eggs exclusively on the fruit of Hawthorne trees. As apple orchards became more prominent, apple maggot flies began to lay their eggs on both the fruit of the Hawthorne tree and the fruit of cultivated apple trees. Now, apple maggot flies that live on apple trees mate and lay their eggs at different times of the year than apple maggot flies that live on Hawthorne trees. Is this an example of reproductive isolation?
Information Content Effect
The market reaction attributed to announcements or news, which signals new information to investors about a company’s value.
Corporate Dividend Payout
The portion of a company's earnings that is distributed to shareholders in the form of dividends.
Firm's Earnings
The net profit a company achieves in a given period, calculated as revenues minus costs and expenses before taxation.
Information Content Effect
A market phenomenon where stock prices adjust in response to the news contained in a company announcement, suggesting the news has value for investors’ decisions.
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