Which one of the following is the best example of an announcement that is most a
ID: 2633010 • Letter: W
Question
Which one of the following is the best example of an announcement that is most apt to result in an unexpected return?
A news bulletin that the anticipated layoffs by a firm will occur as expected on December 1 Announcement that the CFO of the firm is retiring June 1 as previously announced Announcement that a firm will continue its practice of paying a $3 a share annual dividend Statement by a firm that it has just discovered a manufacturing defect and is recalling its product The verification by senior management that the firm is being acquired as had been rumoredExplanation / Answer
The correct answer is:
Announcement that a firm will continue its practice of paying a $3 a share annual dividend. This is because company would have decided to stop paying this dividend, now they have changed their decision.