Using a web search engine such as Google, find either an earnings or dividend announcement for two

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Using a web search engine such as Google, find either an earnings or dividend announcement for two different companies. Using a source such as bigcharts. com, determine the closing stock price for each company for each day during the five business days before and after the announcement. Using a separate worksheet for each company, prepare a line chart of its stock price movement.
Examine the charts for each company. Does the stock price appear to change as a consequence of their announcements? Explain why or why not.
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Related Book For  book-img-for-question

Fundamentals of Financial Accounting

ISBN: 978-0078025914

5th edition

Authors: Fred Phillips, Robert Libby, Patricia Libby

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