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How would expect stock price to react to the announcement

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Question: Microsoft Corporation, which has had a history of high growth and pays no dividends, announces that it will start paying dividends next quarter. How would you expect its stock price to react to the announcement? Why?

Reference no: EM131690342

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How would expect stock price to react to the announcement : Microsoft Corporation, which has had a history of high growth and pays no dividends, announces that it will start paying dividends next quarter.
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