If No Price Change Occurs in a Stock on the Day

question 59

Multiple Choice

If no price change occurs in a stock on the day that it announces its next dividend,it can be assumed that:

• A) the stock market is inefficient.
• B) the dividend was reduced.
• C) the market was expecting this information.
• D) technical analysts are not following this stock.

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Definitions:

Board-Centered Leadership

A leadership strategy that emphasizes the central role of the board of directors in governance and decision-making.

Chief Executive Officer

The highest-ranking executive in a company, responsible for making major corporate decisions, managing operations, and setting strategic directions.

Nonprofit Boards

Governing bodies responsible for overseeing the mission, strategic direction, and financial policies of nonprofit organizations.

Critical Issues

Significant, urgent problems or challenges that require immediate attention and action to avoid negative consequences.