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Kinston Industries just announced that it will cut its dividend from $3.00 to $2.00 per share and use the extra funds to expand its operations.Kinston's dividends were expected to grow at a 2% rate,and its share price was $37.50.With the new expansion,Kinston dividends are expected to grow at a 5% rate.Kinston's share price following this announcement should be:
Korsakoff Syndrome
A chronic memory disorder caused by severe deficiency of thiamine (vitamin B1), most commonly caused by alcohol abuse.
Memory Impairment
A condition characterized by the loss or decline in the ability to remember or recall past events or learned information.
Tolerance
The process by which the body increasingly adapts to a substance or a physiological condition, often requiring more to achieve the original effect.
Psychological Abilities
The cognitive functions and capacities that enable an individual to process information, understand relationships, and solve problems.
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