RJR Nabisco, in response to stockholder pressure in 1996, announced a significant increase in dividends paid to

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RJR Nabisco, in response to stockholder pressure in 1996, announced a significant increase in dividends paid to stockholders financed by the sale of some of its assets.
What would you expect the stock price to do? Why?

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Applied Corporate Finance

ISBN: 978-1118808931

4th edition

Authors: Aswath Damodaran

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Question Posted: Apr 15, 2015 09:00 AM

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RJR Nabisco, in response to stockholder pressure in 1996, announced a significant increase in dividends paid to

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Applied Corporate Finance

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