Results of a study on dividend increases found that an announcement of a dividend increase produced, on average,
A)a 1.5% decrease in price.
B)a 200 basis point increase in price.
C)a 4% increase in price.
D)a 25 basis point increase in price.

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The Answer of Results of a study on dividend increases found that an announcement of a dividend increase produced, on average,
A)a 1.5% decrease in price.
B)a 200 basis point increase in price.
C)a 4% increase in price.
D)a 25 basis point increase in price.

Results of a Study on Dividend Increases Found That an Announcement